ECB’s Lagarde: Inflation not converging to goal over medium term
Summary
By sueyangfx.com February 10, 2021 at 01:31PM Comments from the leader of the ECB The eurozone is trapped. The structure of the euro means they can’t do the kind of monetary financing that’s going to lead to much better growth […]
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February 10, 2021 at 01:31PM
Comments from the leader of the ECB
The eurozone is trapped. The structure of the euro means they can’t do the kind of monetary financing that’s going to lead to much better growth in the US and elsewhere. It will also keep inflation pinned below 2%. Ultimately, if inflation gets out of hand elsewhere that may