Central bankers continue to respond to questions from the audience at the ECB’s panel titled ‘Price and wage setting in advanced economies.’
Key quotes
- Lowe on tariffs: What’s happening is very worrying and disturbing.
- Lowe: Businesses are delaying decisions in Mexico, Canada, China, and South East Asia.
- Draghi: Unilateral actions undermine the multilateral framework of the world economy.
- Powell: We should be able to communicate uncertainties clearly. Providing a lot of forward guidance could pose risks.
- Powell: Forward guidance shouldn’t be used in the ordinary course.
Share
