ECB's Praet: Environment difficult, not out of the woods yet

Author: Adam Button | Category: Central Banks

Comments from ECB Governing Council member Peter Praet:

  • Praet comments in Geneva
  • ECB has tools needed to anchor inflation expectations
  • Productivity slowdown is an issue
  • ECB intervened successfully in episodes of deflationary fear
  • There is some evidence of a turning point for inflation

The ECB is still deep in the woods.