ECB’s Visco at G-20: ECB will not allow inflation expectations to de-anchor

European Central Bank (ECB) governing council member, while speaking at G-20, assured markets the bank will not allow inflation expectations to de-anchor.

Visco added the bank will use all tools to maintain easy monetary stance and maintained the ultra easy stance has no unintended consequences.

The policymakers also said the emerging economies are slowing much more than expected.