The slowdown in the euro area economy, in the form of a 1.2% drop in inflation in February and the risk of a fall brought about by the Covid-19 virus epidemic, could prompt the European Central Bank (ECB) to take further targeted accommodative measures on Thursday 12 March.
“The coronavirus outbreak is a fast developing situation, which creates risks for the economic outlook and the functioning of financial markets. The ECB is closely monitoring developments and their implications for the...