Economics

ECB Policy Decisions Were Appropriate, Not Made in Haste: Visco

Ignazio ViscoPhotographer: Kiyoshi Ota/Bloomberg
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Bank of Italy Governor Ignazio Visco said the European Central Bank’s decisions earlier this month to cut interest rates further below zero and to revive bond purchases weren’t made in haste and that they are an appropriate response to the worsening economic outlook in the euro-area.