- ECB's chief economist Lane: In a world of low inflation and low interest rates it is plausible that the impact of negative shocks on observed inflation is likely to be more persistent
Market news
22 tháng 5 2020
ECB's chief economist Lane: In a world of low inflation and low interest rates it is plausible that the impact of negative shocks on observed inflation is likely to be more persistent
- Strategic challenges are especially acute under conditions of low inflation and low interest rates, since deviations from medium-term inflation aim are likely to be more persistent under such conditions
- Our monetary policy strategy review – even if it is unavoidably delayed by the COVID-19 pandemic – remains high priority for ECB
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