The ECB should act in sight when it applies monetary policy next year | Business Top stories

The ECB should act in sight when it applies monetary policy next year

| Business Top stories | Local News

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Remarks by the ECB’s policy maker, Robert Holzmann

  • The ECB must be flexible as inflation prospects are uncertain
  • It is important to drive on sight over the course of the next year.
  • The ECB needs credible projections to feed into financial markets
  • Future direction is important, it must remain credible

In other words, you are saying that you really have no idea how inflation will play out even though Lagarde said his “analysis” that inflation is transitory was still correct yesterday.
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The ECB should act in sight when it applies monetary policy next year

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