European Central Bank chief economist Peter prate writing in SuedDeutsche
- No change in EU monetary policy
- Change would mean abandoning the 2% inflation target
- Low inflation offers little buffer against deflation
- Deflation means central bank can lose control of real rates
Headlines on Bloomberg
more to come
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Süddeutsche Zeitung is a German national daily newspaper
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ps. if you read the first headline to this post you might wondering what is the EBC .... me too :-D
