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ECB's Weidmann: No need to respond automatically whenever inflation deviates

ECB and Bundesbank man Jens Weidmann speaking at the Euro Finance week conference

  • No need to respond automatically whenever inflation deviates from objective as target is medium-term

  • Unconventional policy tools should be used with care, even if they are used only temporary

  • Raising or cutting the inflation target is not an appropriate response in this current situation

  • Narrowing output gap will push inflation higher

  • Past drivers of inflation are not extinct

They may not be extinct but they're definitely in hiding.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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