Danish central bank positive on ECB strategy review
New 2% symmetric target could boost inflation; climate change may impact price and financial stability
The National Bank of Denmark gave a positive assessment of the effects the European Central Bank’s (ECB) strategy review could have on the Danish economy.
The Scandinavian central bank stresses the new symmetric 2% target “could increase the resilience of the euro area and bring inflation closer to target”. This process “may also benefit the Danish economy”, says the central bank in an analysis published on its website today (September 6).
Higher inflation in the eurozone could allow the ECB
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