ECB's Praet: When normalisation of monetary policy comes it has to be prudent

Eren Sengezer FXStreet

ECB Chief Economist and Executive Board member Peter Praet recently crossed the wires, with key quotes, via Reuters, found below:

When the normalisation of monetary policy comes it has to be prudent
Fed has been successful with its normalisation so far, now it is reducing its balance sheet
Inflation is very slow in euro zone, but it is coming
Degree of slack in economy is probably bigger than some economic figures show

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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