ECBs Solans says uncertainties cloud rates outlook

In an interview with the Financial Times, Eugenio Domingo Solans of the ECB said the current level of interest rates in the eurozone was favourable for a recovery. But the situation would be reassessed at the next meeting as the outlook was still clouded by "uncertainties".

Source: Financial Times

The European Central Bank is leaving the door open for a further easing of its monetary stance amid fears that the long-awaited eurozone recovery will prove slow to materialise despite this month's ha

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