13 Jan 2016
ECB's Praet: No change in ECB monetary policy
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.
Headlines
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
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