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Rising Euro Stokes ECB Worries Over Falling Prices (FT)

ECB

The euro's rise is worrying top policymakers at the European Central Bank, who warn that if the currency keeps appreciating it will weigh on exports, drag down prices and intensify pressure for more monetary stimulus. Several members of the ECB's governing council told the Financial Times that the euro's rise against the US dollar and many other currencies risks holding back the eurozone's economic recovery. The council meets next week to discuss monetary policy.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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