ECB’s Panetta: Fragile Outlook Means No Predetermined Path for Rates

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European Central Bank Governing Council member Fabio Panetta said the Eurozone economy continues to face a delicate balance between persistent inflation risks and weakening growth, arguing that policymakers should avoid committing to any predetermined path for interest rates. “The outlook remains fragile. Upside risks to inflation continue to coexist with downside risks to growth,” he […]The post ECB’s Panetta: Fragile Outlook Means No Predetermined Path for Rates appeared first on ActionForex.