ECB Needn’t React to Small CPI Fluctuations, Kocher Tells Kurier
The European Central Bank doesn’t need to react to small deviations around its 2% inflation goal and should rather keep its powder dry in order to be able to react...
By Marton Eder · Bloomberg Markets
The European Central Bank doesn’t need to react to small deviations around its 2% inflation goal and should rather keep its powder dry in order to be able to react should a change in policy become necessary, Governing Council member Martin Kocher told Kurier newspaper in an interview.