ECB’s Constancio: Subdued core inflation may affect monetary policy
|European Central Bank (ECB) Vice President Vitor Constancio was on the wires last minutes, via Reuters, making a scheduled speech at the 19th Euro Finance Week, in Frankfurt.
Key Headlines:
Last week saw beginning of a shift from bonds to equities
Understanding that fiscal stimulus will increase growth and inflation down the road
A range of political risks may induce economic shocks
ECB projections are predicated on the current supportive financial conditions persisting
Should Avoid Drawing Hasty Conclusions From Market Moves
Subdued core inflation may affect monetary policy
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