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ECB's Praet: No change in ECB monetary policy

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Bali) - European Central Bank chief economist Peter Prate, writes in SuedDeutsche, with headlines via Bloomberg, noting that there will be no change in ECB 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
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