ECB's Gonzalez-Paramo on monetary policy

In the speech 'Uncertainty and gradualism in monetary policy' given on 17 March Jose Manuel Gonzalez-Paramo of the ECB said hard data currently available indicates that the euro zone is growing at a rate higher to that forecast by the Bank in December.

Speaking at the University of Pablo de Olavide in Seville Gonzalez Paramo said: "All information we've seen since the beginning of the year points to a stronger and wider growth rate than we forecast in December."

"Inflation risks have not

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