• ECB's Vice President De Guindos: Relatively brisk and intense fluctuation in exchange rate affects inflation expectations and conditions that determine inflation

Market news

17 September 2020

ECB's Vice President De Guindos: Relatively brisk and intense fluctuation in exchange rate affects inflation expectations and conditions that determine inflation

  • Exchange is fundamental economic variable which affects imports, exports, imported inflation or deflation
  • ECB could not be happy with its own forecast for 1.3% inflation rate in 2022

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