While the neutral rate is almost certainly lower than 2.75 per cent, the ECB’s current benchmark deposit rate, there is also disagreement about what the exact figure is. It cannot be directly measured ...
the dynamics of underlying inflation and the strength of monetary policy transmission. The Governing Council is not pre-committing to a particular rate path.," an ECB statement said. The latest ...
Speaking on the Buitenhof TV program, Knot — who’s among the more hawkish rate setters — said that “inflation is well on track to return to the desired 2% later this year.” The ECB last ...
Germany’s inflation rate declined unexpectedly this month, though remains above the target of the European Central Bank, which this week cut its key interest rate. Consumer prices were 2.3% ...