• ECB's vice president de Guindos says that indications from market expectations cannot replace our policy judgment

Market news

27 tháng 8 2019

ECB's vice president de Guindos says that indications from market expectations cannot replace our policy judgment

  • Says monetary policy is data dependent, not market dependent
  • It is important to get the market view about where the economy stands
  • Also important to get the view of where it is heading
  • Expectations that are priced in financial markets need to be taken with a pinch of salt

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