Bloomberg reports key comments delivered by the European Central Bank (ECB) Governing Council member and Bundesbank President Jens Weidmann late Monday. In his scheduled speech, Weidmann said that the ECB needs an understandable, forward-looking and realistic inflation goal but not necessarily a higher one. Additional Points: Signals an openness to change following years of failing to hit the target of inflation “below, but close to, 2%.” The gain in the capacity to act could be smaller than hoped. A strong increase in the goal could raise risks that inflation expectations become deanchored. Higher inflation comes with costs for people. A realistic and forward-looking definition of our goal allows monetary policy to wait if there are good reasons, in order not to react hectically to every change in incoming data. It allows the incorporation of the longer-term risks to price stability. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Ripple’s XRP perpetual swap contract trading debuts on BitMEX FX Street 2 years Bloomberg reports key comments delivered by the European Central Bank (ECB) Governing Council member and Bundesbank President Jens Weidmann late Monday. In his scheduled speech, Weidmann said that the ECB needs an understandable, forward-looking and realistic inflation goal but not necessarily a higher one. Additional Points: Signals an openness to change following years of failing to hit the target of inflation “below, but close to, 2%.” The gain in the capacity to act could be smaller than hoped. A strong increase in the goal could raise risks that inflation expectations become deanchored. Higher inflation comes with costs for people. A… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
