Low interest rates reflect low inflation and growth – ECB’s Nowotny
|By FXStreet FXStreet (Mumbai) – The European Central Bank member Nowotny was on the wires today stating the low interest rates in the EUrozone reflect/are due to weaker inflation and economic growth.
Key Quotes
If growth increases, then naturally the time will come to increase rates
We are watching the markets like real estate very carefully
For more information, read our latest forex news. …read more
Source:: FX Street