Lagarde Says ECB to Consider Allowing Inflation to Overshoot - THEMARKETTRENDZ

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Wednesday, 30 September 2020

Lagarde Says ECB to Consider Allowing Inflation to Overshoot



Sep.30 -- European Central Bank President Christine Lagarde says a strategy that allows for inflation to temporarily rise above its current target could be examined as part of the institution’s wide-ranging review. "Such a strategy can strengthen the capacity of monetary policy to stabilize the economy when faced with the lower bound,” Lagarde said at a conference in Frankfurt on Wednesday.
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