ECB's governing council member Villeroy: A credibly symmetric, medium-term inflation target would achieve similar outcomes as average inflation targeting

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30 September 2020

ECB's governing council member Villeroy: A credibly symmetric, medium-term inflation target would achieve similar outcomes as average inflation targeting

Tracking a broader set of variables, assets of financial institutions and nominal GDP, could help the ECB reconcile its secondary objectives with primary mandate

U.S.: Chicago Purchasing Managers' Index , September 62.4 (forecast 52)

U.S. Stocks open: Dow +0.56%, Nasdaq +0.28%, S&P +0.38%

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