ECB signals rising worry over coronavirus spread


FILE PHOTO: European Central Bank (ECB) headquarters building is seen in Frankfurt, Germany, March 7, 2018. REUTERS/Ralph Orlowski

LONDON (Reuters) - Two top European Central Bank policymakers signalled growing worries about the coronavirus threat on Thursday, though there was no sign the bank was rushing to cut euro zone interest rates again.

Concerns that the virus could send hard-hit countries like Italy and potentially the wider euro zone back into recession have, in recent days, seen financial markets price in another modest ECB rate cut by the end of the year.

5.5 PAYDAY OFFER: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Trump says Iran war 'terminated,' as war powers deadline arrives
US judge blocks Trump from ending protections for 2,800 Yemeni nationals
German auto group warns Trump tariffs risk straining transatlantic ties
1st LD Writethru: EU "keeps options open" if U.S. breaches trade deal: spokesperson
Crude futures settle lower
U.S. dollar ticks up
WHO delays pandemic treaty amid pathogen-sharing dispute
Spain's defense minister dismisses Trump's treat to cut troops
Urgent: EU "keeps options open" if U.S. breaches trade deal: spokesperson
Flash: EU "keeps options open" if U.S. breaches trade deal: spokesperson

Others Also Read