ECB’s Kazaks: ECB rate at 2% is appropriate

Central Banks
  • We have delivered on the inflation target
  • We are about neutral on ECB rates
  • Not seeing anything extraordinary in French situation

Again, they are just reaffirming their current neutral stance. They’ve said many times that small or short-term deviations from their 2% target won’t call for a policy response.

This article was written by Giuseppe Dellamotta at investinglive.com.

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