Categories Finance

ECBs Elderson: If we lower the interest rate too fast, service inflation could rise

ECB’s Elderson is lamenting and saying:

  • If we lower the interest rate to quickly, darling down services inflation sufficiently could become complicated.
  • If we keep interest rates too high for too long, then we risk undershooting our target.

What do we do?

This article was written by Greg Michalowski at www.forexlive.com.

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