• ECB governing council member Villeroy: monetary policy cannot perform miracles

Noticias del mercado

16 julio 2019

ECB governing council member Villeroy: monetary policy cannot perform miracles

  • Monetary policy cannot do everything, cannot repair protectionist damage

  • It also cannot replace reforms, fiscal policy

  • Monetary policy is guided by central bank mandate, not targeting exchange rate

  • ECB is data dependent, not market dependent

  • That means not relying too exclusively on market-based inflation expectations

  • Will assess economic data at meeting next week

  • ECB will act accordingly if and when is needed

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: