• ECB's Governing Council member Coeure: No doubt ECB can ease policy further with current tools

Notícias do Mercado

18 dezembro 2019

ECB's Governing Council member Coeure: No doubt ECB can ease policy further with current tools

  • ECB actions have been effective
  • Central banks may have to navigate in a low growth, low inflation environment
  • ECB should clarify that the medium-term inflation goal is 2%
  • Lowering inflation target would be wrong
  • ECB could communicate a tolerance band for inflation
  • But tolerance band is not an invitation for inaction, complacency
  • ECB could communicate the range of inflation outcomes that can be considered as acceptable in normal times

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