ECB’s Cœuré highlights information content of inflation-linked securities
A member of the executive board of the European Central Bank (ECB), Benoît Cœuré, on August 30 examined the use of data on inflation-linked bonds, swaps and options as measures of inflation expectations.
Speaking at an ECB workshop on markets for inflation protection, Cœuré said market-based indicators were more volatile than survey-based measures, but nevertheless contained useful information. "Inflation expectations seem to be well anchored in spite of market turbulence and uncertainties
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