ECB: Monetary Policy’s Drag On European Economy Is Peaking

ECB: Monetary Policy’s Drag On European Economy Is Peaking

Eurasia Review

Published

By Thomas Moller-Nielsen

(EurActiv) -- The eurozone economy has likely already suffered the worst effects of the European Central Bank’s (ECB) restrictive monetary policy over the past two years, a senior ECB official said on Wednesday (13 March).

“We estimate that the highest negative impact of the tightening of...

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