The member of the board of the European Central Bank (ECB), Fabio Panetta, downplayed expectations about rising inflation in an interview Wednesday.
Additional comments:
“The risk of providing too little stimulation is high“.
“It is premature withdrawal of stimulus measures“.
“Current conditions do not justify reducing the pace of PEPP purchases.”
“The discussion about phasing out the PEPP is clearly premature.”
“Now we are seeing an undesirable increase in yields“.
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