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ECB Vice President Constancio: ECB’s aggressive easing measures should address too-low inflation problem

From forexlive.com

ECB Vice President Vitor Constancio said in Bangkok over the weekend that the aggressive easing measures taken by the European Central Bank last month should address the problem to too-low inflation in the euro zone, and signalled that that additional measures are unlikely in the near term. “We have to wait and see what will be the use of these measures. We won’t introduce new measures until we assess [whether] these measures will be as effective as we expected” Said the most recent measures from the ECB have alreadys started to show some effects: “In the interbank rate, we see that the overnight rate went down. It ... (full story)

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