ECB may not need further stimulus, says Bankitalia's Visco

(AGI) Rome, Sept 21 - The European Central Bank (ECB) may notneed to bring in further stimulus measures after steps over thelast three months pushed the euro down, Governor of the Bank ofItaly Ignazio Visco told Bloombergs. Inflation expectationsneeded to go back to where they were, which did not necessarilyrule out further steps. The ECB had been bold enough to cutrates to an unprecedented level, and moves to lower the eurobetween June and July had been right. . .

(AGI) Rome, Sept 21 - The European Central Bank (ECB) may notneed to bring in further stimulus measures after steps over thelast three months pushed the euro down, Governor of the Bank ofItaly Ignazio Visco told Bloombergs. Inflation expectationsneeded to go back to where they were, which did not necessarilyrule out further steps. The ECB had been bold enough to cutrates to an unprecedented level, and moves to lower the eurobetween June and July had been right. . .