Ben Southwood's comments on the ECB feature in The Telegraph

Head of Policy Ben Southwood's comments on ECB policy were featured in The Telegraph:

Unless "accompanied by solid growth", disinflation or deflation is a sign of weak demand in the euro area, said Ben Southwood, head of policy at think tank the Adam Smith Institute.

"This means that the disinflation and deflation across the bloc is down to a shortage of demand and money; passive tightening by the ECB, which seems hell-bent on a lost quarter century of eurozone growth", he added.

Read the full article here.