ECB’s Constancio: ECB caution in removing stimulus is justified

Dhwani Mehta FXStreet

The European Central Bank (ECB) outgoing Vice President said in Malta on Friday, the ECB is on a gradual normalization process and weak inflation dynamics justify its caution, as cited by Reuters.

Constancio noted: “The caution is justified by the subdued inflation dynamics since the second half of 2017 and the recent levels of headline inflation.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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