imf welcomes ecb rate cut warns of \fragile\ recovery
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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IMF welcomes ECB rate cut, warns of 'fragile' recovery

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Arab Today, arab today IMF welcomes ECB rate cut, warns of 'fragile' recovery

Arab Today

The International Monetary Fund welcomed Thursday's interest rate cut by the European Central Bank, saying it was justified to shore up growth in the fragile eurozone. "The decision is fully warranted by the weak inflation dynamics and substantial slack in the economy," said IMF spokesman Gerry Rice.

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imf welcomes ecb rate cut warns of \fragile\ recovery imf welcomes ecb rate cut warns of \fragile\ recovery

 



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