• ECB's Coeure says “medium term” is likely to be longer given the persistence of subdued inflationary pressure

Notícias do Mercado

11 setembro 2017

ECB's Coeure says “medium term” is likely to be longer given the persistence of subdued inflationary pressure

  • There is compelling international evidence that non-standard policy measures have been successful

  • Exogenous shocks to exchange rate, if persistent, can lead to unwarranted tightening of financial conditions with undesirable consequences for inflation

  • Compared with past demand shocks, policy will remain more accommodative for longer

  • Monetary policy never acts in isolation on the exchange

Major European stock exchanges trading in the green zone: FTSE 7412.34 +34.74 + 0.47%, DAX 12387.16 +83.18 + 0.68%, CAC 5151.15 +37.66 + 0.74%
ECB's Coeure says in periods of recovery, confidence and stimulus of monetary policy are likely to offset, at least in part, the disinflationary effects of a stronger currency
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