• ECB's Coeure: we want to be prudent in way we normalise

Market news

31 March 2017

ECB's Coeure: we want to be prudent in way we normalise

  • Inflation numbers consisitent with what we say

  • See very little pipeline price pressure

  • Yet to be convinced that price adjustment is sustainable

  • Sensitivity to downside of dfr increases over time

  • How long is "well past" depends on data


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