ECB's Governing Council member Makhlouf: ECB must avoid de-anchoring of inflation expectations

Market news

26 February 2020

ECB's Governing Council member Makhlouf: ECB must avoid de-anchoring of inflation expectations

ECB will consider various options for inflation target
Inflation range may make ECB policy more credible
There continues to be uncertainty about exactly what "close to, but below" means
Have to consider whether current CPI data is helping to communicate the ECB's objectives in the most effective way

Politburo of Chinese Communist Party: China's economic recovery is accelerating - Reuters reports, citing state television

NZD/USD: Solid support at 0.63 – ANZ

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