ECB's Coeure: Central bank is taking market concerns about protracted low inflation seriously
Comments by ECB governing council member, Benoit Coeure, in Frankfurt
- Stable inflation expectations is important for the economy
- Need to consider and analyse developments in a broad set of inflation expectations
- Recent market developments suggest current weakness in the euro area and global demand will persist
He is mainly talking about inflation expectations in the context of monetary policy, in a very analytical presentation. There doesn't seem to be any too pressing with regards to the central bank's policy outlook. The full text can be found here.
Reprinted from Forexlive，the copyright all reserved by the original author.
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