This is defined as a level of interest rate that neither stimulates nor curbs economic growth, all else being equal.
(Reporting By Francesco Canepa; Editing by Catherine Evans)
FRANKFURT (Reuters) - The European Central Bank must at a "minimum" stop stimulating the economy through its monetary policy, the ECB's President Christine Lagarde said on Tuesday, in a likely reference to raising interest rates back to "neutral" territory.
This is defined as a level of interest rate that neither stimulates nor curbs economic growth, all else being equal.
(Reporting By Francesco Canepa; Editing by Catherine Evans)
Price
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5d. change
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Capi.
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0.9353 EUR | +0.32% | -0.46% | - | ||
0.6108 EUR | +0.49% | +1.23% | - | ||
1.168 EUR | +0.17% | -0.03% | - | ||
0.0112 EUR | +0.18% | 0.00% | - | ||
0.6843 EUR | +0.26% | +0.28% | - | ||