Home ECB’s de Guindos: Monetary policy cannot address all problems in the world economy

ECB’s de Guindos: Monetary policy cannot address all problems in the world economy

Updated: 14 Nov. 2019 | 11:02

The ECB Vice President Luis de Guindos crossed the wires in the last hour, saying that monetary policy cannot address all the problems in the global economy.

Additional quotes:

ECB still has ammunition but side effects of the policy are becoming more evident.

Data shows the European economy is not going to fall into a recession.

Growth will be below potential.

Should not be complacent about an inflationary shock in the region.

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