Forex
globalreutersApril 25, 20241 Mins read
ECBs Panetta: We must weigh risk of monetary policy becoming too tight
globalreutersApril 25, 20241 Mins read ECBs Panetta is on the wires saying:
- We must wait risk of monetary policy becoming to tight.
- Timely, small rate cuts would counter weak demand, and would be paused at no cost.
- Hesitations in adjusting rates would hurt investment productivity.
- Rate cuts could create a credibility issue
This article was written by Greg Michalowski at www.forexlive.com.
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