ECB accounts: Increase in inflation an opportunity to re-anchor inflation expectations

<p>In the accounts of the ECB’s October 27-28 meeting, it’s noted, “since the monetary policy space was constrained by the effective lower bound on interest rates, the increase in the inflation rate was seen as an opportunity to re-anchor inflation expectations solidly at the Governing Council’s 2% target over the medium term.” Also, “a continued […]</p>
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