The European Central Bank’s (ECB) zero interest rate policy will remain in place for the “foreseeable future,” said Vice-President Luis de Guindos.
In a speech in London, De Guindos noted that “even once monetary policy normalizes, interest rates are likely to remain below levels that were common in previous decades.”
De Guindos intervention comes while data from Italy, Germany, France, and Spain suggest the Eurozone is on track for an economic rebound in the second half of 2019. He also urged...
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