• Incoming ECB president Lagarde: ECB doesn't need to be guided by markets

Market news

4 September 2019

Incoming ECB president Lagarde: ECB doesn't need to be guided by markets

  • Euro-area economy faces near-term risks
  • Inflation is persistently too low
  • Must be mindful of negative effects of unconventional policies
  • ECB needs to listen to and understand markets, but doesn't need to be guided by markets
  • Says that a review of monetary framework is warranted

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