Main comments from ECB's Issing speech
HARMONISED INDEX OF CONSUMER PRICES
Defining price stability as "a year-on-year increase in the Harmonised Index of Consumer Prices for the euro area of below 2 percent," along with the emphasis on the medium term, was designed to enhance clarity, anchor expectations and provide a yardstick against which the new independent institution could be held
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Monetary Policy
PBoC keeps benchmark rates unchanged
Bank holds one- and five-year loan prime rates, despite weak economic data
Bank of Japan holds policy rate
Decision comes as core inflation accelerates for fourth consecutive month
Norges Bank holds rates and hints at easing path in 2025
Central bank says core inflation of more than 3% precludes cuts this year
Brazil raises policy rate by 25bp in unanimous decision
Central bank defies global easing cycle as domestic inflation remains above target
Hong Kong raises rate and Taiwan holds
Decisions come a day after Fed’s 50bp rate cut
FOMC initiates rate cutting with 50bp reduction
Experts say Fed’s credibility is not on the line, but Powell remains under significant pressure
Bank Indonesia announces surprising rate cut
Central bank aiming to boost growth amid stable inflation and global easing cycle
Serbia follows ECB with 25bp rates cut
Central bank cites slowing domestic and global inflationary trends for its decision