Market news
16.10.2020, 09:42

Important for ECB policies to remain accommodating - ECB's Visco

Reuters reports that ECB Governing Council member Ignazio Visco said that it is important not to withdraw too early the policies put in place by governments and central banks to counter the impact of the COVID-19 pandemic.

Visco told the economy would not return to the situation pre-dating the virus crisis for another couple of years.

"Policies have to remain extremely accommodating on the fiscal side as well as on the monetary side as we're prepared to do for the euro area as a whole," Visco said.

© 2000-2020. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

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.

Privacy Policy

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.

Feedback
Live Chat E-mail
Up
Choose your language / location