ECB examining interest rates and QE – ECB’s Praet

FXStreet (Mumbai) - The European Central Bank (ECB) chief economist Peter Praet was on the wires stating the banks is examining the short-term interest rate and its asset purchase program.

Surprised by the weak French economy

Praet said the ECB is surprised by a weak French growth, while adding that results of French reforms limited so far. He added further that the ECB’s inflation target could be delayed, but still the threat of deflation is miniscule.