Austrian Central Bank Governor Suggests Possible ECB Rate Cut
Austrian central bank governor Martin Kocher suggests the ECB may consider a rate cut if euro gains affect inflation outlook. His statement was made in a recent interview.
Austrian central bank governor Martin Kocher has indicated that the European Central Bank (ECB) may need to contemplate another interest rate cut if further appreciation of the euro begins to impact banks' inflation outlook. Speaking to the Financial Times, Kocher remarked, "If the euro appreciates further and further, at some stage this might create of course a certain necessity to react in terms of monetary policy."
