ECB's Stark says eurozone rates still low

European Central Bank (ECB) Chief Economist Juergen Stark said Thursday 14 December the bank's interest rate policy is still accommodative and noted that levels are low.

Speaking at Frankfurt University on the ECB's monetary policy, Stark said despite the increase in interest rates last week, the monetary policy is "accommodative ... interest rates are low ... liquidity is still ample".

Stark said the ECB's orientation is to guarantee price stability in the longer term, and that it is observin

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