ECB action overdue / core task violated for years (PHOTO)
Frankfurt am Main (ots) – “Reality is now forcing the ECB to
to finally bring about the overdue turnaround in interest rates. Now she can’t do anything else.
It has had its core mandate of ensuring price stability in recent years
seriously injured over the years. On the contrary: she has massive responsibility for the
massive inflation and the danger of a wage-price spiral. The schedule of
The ECB not ending negative interest rates until September is precisely because of the
unbelievable inflation cannot be explained objectively,” said the CEO of the
Association of Sparda Banks, Florian RENTSCH.
Press contact:
Katja Riedel
Advisor to the Management Board / Public Relations
Association of Sparda banks eV
Tower 185 – 17th floor
Friedrich-Ebert-Anlage 35-37
60327 Frankfurt am Main
Phone: +49 (0) 69 / 79 20 94 – 150
Fax: +49 (0) 69 / 79 20 94 – 190
Email: mailto:[email protected]
Further material: http://presseportal.de/pm/76672/5244032
OTS: Association of Sparda Banks eV