Economics
ECB Heavy Hitters Lay Groundwork for Response to Slowdown
- Officials are discussing options if the slowdown deepens
- January accounts, Praet and Draghi speeches could give insight
This article is for subscribers only.
Some of the European Central Bank’s heavy hitters are laying the groundwork for action.
The top economist and the market chief at the Frankfurt-based institution have already signaled they’re discussing options in case the current euro-area slowdown worsens, and the vice president echoed that on Tuesday. There have been similar hints from Francois Villeroy de Galhau, who is the Bank of France Governor and a potential contender to be next ECB president.