ECB to remain accommodative - EU's Moscovici

FXStreet (Mumbai) - The European Union’s (EU) Mosovici, at the Autumn address, said that he expected the ECB monetary policy to stay accomodative. The EU downgraded its 2016 EMU GDP and inflation forecasts.

Key Quotes

Inflation expected to remain close to zero

Unemployment rate remains too high

Greece must show progress on household insolvency