ECB’s Frank Elderson highlighted growing concerns about weakening economic growth, suggesting that several indicators are pointing to risks becoming a reality.
With the European Central Bank remaining open-minded ahead of the October 17th meeting, Elderson emphasized that policy decisions are being made on a meeting-by-meeting basis.
This cautious approach reflects the ECB’s need to balance growth concerns with inflation management.
This article was written by Ryan Paisey at www.forexlive.com. Source