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ECB actions have been bang on the money says Nowotny

Ewald Nowotny gracing the airwaves again

  • On the whole, ECB monetary policy actions have been right
  • Low interest rates are a reflections of low inflation and growth
  • If growth increases then naturally the time will come to increase rates
  • We are watching markets like real estate very carefully

He's adding to comments earlier where he said that the Austrian banking sector would likely lose a third of its workforce over the next 4/5 years

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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