ECB rate setters see no need for action as coronavirus spreads
Share:
FRANKFURT/BRUSSELS (Reuters) - The European Central Bank does not need to take immediate action in response to the coronavirus epidemic, two ECB policymakers said on Friday, confounding market bets on a rate cut.The central bank governors of Germany and Lithuania joined a number of fellow ECB rate setters in playing down the chances of a policy move in response to the epidemic, which is spreading to the euro zone after killing nearly 2,900 people in China."This is a very complex monetary policy..