Home ECB’s Holzmann: Monetary policy has reached its limits

ECB’s Holzmann: Monetary policy has reached its limits

Updated: 18 Mar. 2020 | 07:12

The European Central Bank (ECB) Governing Council member Holzmann said on Wednesday, monetary policy has reached its limits.

Further points

It was impossible for ECB to meet market expectations.

Crisis can have a cleansing effect for the economy.

Sees ECB consensus that the crisis needs fiscal measures.

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