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MNI BRIEF: ECB Needs To Wait To See Trump Act -Stournaras

MNI (LONDON) - The European Central Bank should not change its policy approach “before we see declarations from the new [U.S.] president,” Bank of Greece Governor Yannis Stournaras said on Thursday.

There will be an impact on the exchange rate and European economy “will be weaker in the short term,” he said at an event in Athens.(See MNI INTERVIEW2: Trump Stagflationary For Eurozone-ECB's Wunsch)

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MNI (LONDON) - The European Central Bank should not change its policy approach “before we see declarations from the new [U.S.] president,” Bank of Greece Governor Yannis Stournaras said on Thursday.

There will be an impact on the exchange rate and European economy “will be weaker in the short term,” he said at an event in Athens.(See MNI INTERVIEW2: Trump Stagflationary For Eurozone-ECB's Wunsch)

Keep reading...Show less