La Eurozone economic growth will continue in the coming monthsbut they still exist downside risks. The European Central Bank in its latest monthly bulletin.
The most recent indicators “signal the continuation of moderate GDP growth in the coming months – reads the document – and the recovery of economic activity is expected to continue, with a series of factors supporting the internal question".
The effect of accommodating monetary policy measures of the ECB "continues to be transmitted to the real economy, further easing credit disbursement conditions, and thus encouraging greater business investment - continues the ECB -, while the low level of oil prices, which has increased the purchasing power of households and the profitability of businesses, is stimulating private consumption and investment”.
However, the economic recovery “continues to be affected by weak growth prospects in emerging markets and moderate international trade”, underlines the Eurotower again.
On the other hand, the central institute underlines that its Governing Council "will closely monitor the evolution of the prospects for price stability" and has "the willingness and ability to act if necessaryusing all tools available within its mandate to maintain an appropriate degree of monetary accommodation”.
In particular with regard to quantitative easing, which offers sufficient "flexibility in terms of size, composition and duration", concludes the ECB.
