Make Kitco Your Homepage

ECB's de Cos opens door to fresh stimulus

Kitco News

FRANKFURT (Reuters) - The European Central Bank may need to introduce fresh stimulus measures to support an uneven and uncertain recovery in the euro zone and bring inflation closer to its 2% target, ECB policymaker Pablo Hernandez de Cos said on Friday.

“It can’t be ruled out ... that it will be necessary to add new stimulus to achieve the objectives,” (of supporting the recovery and inflation), he told an event in Spain via videolink.

Reporting By Francesco Canepa

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.