ECB’s new target not expected to influence Denmark’s policy
Danish central bank agrees with ECB that climate change may impact price and financial stability
The European Central Bank’s new inflation target will not affect the monetary policy of the National Bank of Denmark, the Danish central bank said in a statement.
On July 8, the ECB adopted a symmetric 2% inflation target, as it unveiled the results of its strategy review.
“The ECB’s adjustment of its inflation target will not impact the way in which Danmarks Nationalbank pursues its fixed exchange rate policy. A stable krone rate vis-à-vis the euro is in Denmark’s best interest,” said
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