“We will continue to watch for rising yields day by day,” said the Chief Economist of the European Central Bank (ECB), Philip Lane, in an interview with Expansión.
Featured Comments:
The effect of confinement on the economy is less than last year.
We believe that much of the impact of the pandemic will be offset by the end of the year.
What we are seeing now is not a significant and persistent change in the trajectory of inflation.
An excessive adjustment of yields is inconsistent in combating the inflation shock trajectory.
We will continue to monitor the increase in returns day by day.
There is no risk of the economy overheating with stimulus.
Recovery will be faster if fiscal policy makes its contribution.
Lowering rates further remains a credible option, all tools are still available.
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