ECB's Nowotny sees no reason to change policy outlook

VIENNA (Reuters) - Recent economic growth figures for the euro zone that came in below the European Central Bank's forecasts included some exceptional items and there is no reason to change the policy outlook, Governing Council member Ewald Nowotny said on Wednesday.

"We had a monetary policy meeting of the ECB board last week. We also presented our forecasts in which we assume that there could be a slight downward revision but of a scale that does not change the monetary policy outlook," Nowotny told an economic reporters' club.

(Reporting by Francois Murphy and Alexandra Schwarz-Goerlich)

You May Also Be Interested In

• South Korean military, UN command launch investigation into DMZ explosion
• OpenAI, Anthropic CEOs called to appear at Australian AI probe
• Seven people killed in strike on market in Yemen, Houthi-run health ministry says