Lagarde Q&A: Now is not the time for foward guidance, it’s time for data dependency

  • PEPP wasn’t discussed at this meeting
  • Our determination to bring inflation to 2% is intact
  • Rise in yields is a spillover that we take into account, it helps bring inflation down
  • What we are seeing is a very-strong transmission of our monetary policy in the banking system in particular

This article was written by Adam Button at Source