- ECB's Governing Council member Weidmann: ECB strategy gives us leeway not to respond to every 'slight' revision in inflation outlook
Market news
22 November 2019
ECB's Governing Council member Weidmann: ECB strategy gives us leeway not to respond to every 'slight' revision in inflation outlook
- Downturn in export-oriented industries could be leveling off
- Driving inflation rates above target intentionally not consistent with strategy may lead to credibility risk
- Monetary policy cannot be complacent if it leads to build-up of financial imbalances
- We should not be over-confident about the role macroprudential policy can play in addressing systemic risks; this policy approach is still in its infancy
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