ECB accounts: Main risk is tightening monetary policy too late

In the accounts of February ECB meeting, it was argued that monetary policy in the current environment was to “ensure that inflation expectations remained firmly anchored ” and to “avoid the risk of the prevailing high inflation becoming entrenched.” “Caution was expressed about basing the Governing Council’s assessment on wage data which were only available with […]

The post ECB accounts: Main risk is tightening monetary policy too late appeared first on Action Forex.