RSS ECB Schnabel: We should proceed with caution remain data dependent

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 RSS ECB Schnabel: We should proceed with caution remain data dependent

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  • We should proceed with caution and remain data dependent.
  • Price stability is within reach.
  • Lowering policy rates gradually towards a neutral level is the most appropriate course of action.
  • Once price stability has been restored, central banks can afford to tolerate moderate deviations of inflation from target, in both directions
This article was written by Greg Michalowski at www.forexlive.com.
 
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