Fl Thumbnail.jpg

ECB's Wunsch: There is no desire to change the inflation target


  • We are not going to make up for what is politically difficult
  • Our role is not to be in charge of the economy in the face of structural issues
  • I'm not sure there is a broad consensus that we need to deal aggressively with inflation below 2%
  • We will look at inflation, wages, growth, PMI in policy decision

There is nothing that stands out too much as he touches on a wide range of topics here. He also says that the ECB does not have much desire to have reserves in Bitcoin and that “money falling from the sky” tends to end badly.

This article was written by Justin Low at www.forexlive.com.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *