- Analytics
- News and Tools
- Market News
- ECB still has ammunition left to fight recession - ECB Lane
ECB still has ammunition left to fight recession - ECB Lane
The ECB’s policy arsenal has not been depleted and fiscal policy could help stimulate investment, said the ECB incoming Executive Board member Philip Lane.
Investors fear the ECB’s window to potentially raise interest rates has closed, meaning it has little in its toolkit to face the next recession.
But Lane, Ireland's central bank governor, said the bank still had options. "The idea that the ECB lacks potency is very far from where we are," he told.
Lane added that fiscal policy could also help reduce policy uncertainty, and encourage the private sector to resume investing.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
