- Recovery increasingly less uneven than before
- Still focused on delivering price stability
- Well anchored expectations are an indication of success
- Guidance helping to deliver appropriate monetary policy
- Comprehensive assessment will help bank lending revival
Mersch’s European recovery
While the ECB may see expectations as “well anchored” there’s more than a few finance ministers becoming “un-anchored” at the current exchange rate.
Yves Mersch comments from a speech at the cooperation program in Western Balkans conference. No rest for the wicked eh.
