ECB policy appropriate for economic conditions

June 9, 2016 9:11 AM

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ECB policy appropriate for economic conditions

PARIS The European Central Bank's exceptional monetary easing is the correct stance to fight low inflation and slack in the euro zone economy, ECB Governing Council member Ignazio Visco said on Thursday.

"The current low level of policy rates is the appropriate reaction to current conditions. It is not an arbitrary choice," the Bank of Italy governor said in Paris.

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