Commenting on the inflation outlook, the Policy Officer of the European Central Bank (ECB), Robert Holzmann has said the central bank is in a “dangerous zone” as concerns about inflation accelerate..
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“It’s too early to talk about ending the PEPP.”
“The Pepp will end in march next year unless a new wave of viruses occurs. “
“The PEPP was designed to be a temporal instrument.”
On Friday, Holzmann said that if inflation topped 3% that would lead the central bank to a new strategy idea.
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