Speaking to Les Echos on Monday, European Central Bank (ECB) Chief Economist Philip Lane said that “monetary policy should not remain restrictive for too long.”
Additional quotes
The job is not done yet on inflation, services prices still need to come down.
Inflation is close to the 2% target.
Barring new geopolitical or political risks, a large part of the final stage in bringing inflation back to 2% target will be completed next year.
Monetary policy must respond to both downside and upside risks to inflation.
We have been clear that we are moving on a meeting-by-meeting basis.
Don't see spread fragmentation that would dissuade investors for the time being.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
Hot
No comment on record. Start new comment.