ECB’s Vujcic emphasizes gradual transition in monetary policy, downplays recession risks

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-ecb13.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p>
<p>ECB Governing Council member Boris Vujcic emphasizing that a “smooth transition” in monetary policy is more important then the timing of the first rate cut. Also, he’d prefer to move in smaller steps. “April or June doesn’t really make much of a difference for the economy,” he stated, “I think it’s more important that we […]</p>
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