- ECB can continue to do whatever is needed to bring inflation back to 2% target in a timely manner
- has a clear mandate of price stability
- financial stability is a precondition for price stability and vice versa
- ECB has the tools to provide liquidity to euro area financial system
Preview Mode
ECB Schnabel: ECB can continue to do whatever needed to bring inflation back to 2% target
- ECB's Schnabel speaking
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}