IMF Says ECB Has Time to Keep Interest Rate Rise Gradual – Bloomberg

May 12 (Bloomberg) — International Monetary Fund European Director Antonio Borges talks about the region’s sovereign debt crisis. He speaks in Frankfurt with David Tweed on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)
The International Monetary Fund said the European Central Bank has time to keep borrowing costs on hold as the euro-region economy gathers strength.
“Monetary policy in the euro area can afford to remain relatively accommodative, though normalization

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