European Central Bank chief economist Peter prate writing in SuedDeutsche

  • No change in EU 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

Headlines on Bloomberg

more to come

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Süddeutsche Zeitung is a German national daily newspaper
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ps. if you read the first headline to this post you might wondering what is the EBC .... me too :-D