European Central Bank (ECB) Executive Board Member Fabio Panetta has indicated that monetary easing can be expected over the coming months if forecasts are confirmed by data. Panetta also stated that Euro zone inflation is expected to continue to ease in the next few quarters. He emphasized the need to avoid monetary policy becoming too restrictive, which could push inflation below the ECB's symmetrical target. Despite potential rate cuts, Panetta noted that monetary policy would remain restrictive even after several rate cuts. The ECB will take into account the Federal Reserve's moves but will not be bound by them in its monetary easing strategy.
ECB'S PANETTA: THE ECB'S BALANCE SHEET REDUCTION MUSTN'T INTERFERE WITH THE MONETARY POLICY STANCE OR CREATE A LACK OF LIQUIDITY IN THE FINANCIAL SYSTEM.
ECB'S PANETTA: IN ITS MONETARY EASING THE ECB WILL TAKE ACCOUNT FEDERAL RESERVE'S MOVES, BUT NOT BE BOUND BY THEM.
ECB'S PANETTA: WE MUST AVOID MONETARY POLICY BECOMING TOO RESTRICTIVE, WHICH COULD PUSH INFLATION BELOW THE ECB'S SYMMETRICAL TARGET.
ECB'S PANETTA: MONETARY POLICY WOULD REMAIN RESTRICTIVE EVEN AFTER SEVERAL RATE CUTS
ECB'S PANETTA: MONETARY EASING CAN BE EXPECTED OVER THE COMING MONTHS IF OUR FORECASTS ARE CONFIRMED BY DATA
ECB'S PANETTA: WE MUST AVOID MONETARY POLICY BECOMING TOO RESTRICTIVE, WHICH COULD PUSH INFLATION BELOW THE ECB'S SYMMETRICAL TARGET
ECB'S PANETTA: EURO ZONE INFLATION IS EXPECTED TO CONTINUE TO EASE IN THE NEXT FEW QUARTERS
ECB'S PANETTA: EURO ZONE INFLATION IS EXPECTED TO CONTINUE TO EASE IN THE NEXT FEW QUARTERS.
ECB'S PANETTA: IN ITS MONETARY EASING THE ECB WILL TAKE ACCOUNT FEDERAL RESERVE'S MOVES, BUT NOT BE BOUND BY THEM
ECB'S PANETTA: MONETARY EASING CAN BE EXPECTED OVER THE COMING MONTHS IF OUR FORECASTS ARE CONFIRMED BY DATA.
ECB's Panetta: Monetary policy would remain restrictive even after several rate cuts https://t.co/Q8yCeqfH9U
⚠️ ECB'S PANETTA: **MONETARY POLICY WOULD REMAIN RESTRICTIVE EVEN AFTER SEVERAL RATE CUTS **MONETARY EASING CAN BE EXPECTED OVER THE COMING MONTHS IF OUR FORECASTS ARE CONFIRMED BY DATA **WE MUST AVOID MONETARY POLICY BECOMING TOO RESTRICTIVE, WHICH COULD PUSH INFLATION BELOW…
ECB'S PANETTA: MONETARY POLICY WOULD REMAIN RESTRICTIVE EVEN AFTER SEVERAL RATE CUTS.
ECB's Panetta: Monetary Policy Would Remain Restrictive Even After Several Rate Cuts -Monetary Easing Can Be Expected Over Coming Months -If Our Forecasts Are Confirmed By Data
ECB'S LANE: EASING THE STANCE TOO QUICKLY WOULD NOT BE CONSISTENT WITH INFLATION SUSTAINABLY RETURNING TO TARGET IF INFLATION TURNS OUT TO BE MORE PERSISTENT THAN ANTICIPATED
ECB'S LANE: KEEPING RATES OVERLY RESTRICTIVE FOR TOO LONG COULD PUSH INFLATION BELOW TARGET OVER THE MEDIUM TERM. THIS WOULD REQUIRE CORRECTIVE ACTION THAT COULD EVEN REQUIRE HAVING TO DESCEND TO BELOW-NEUTRAL
ECB’S LANE: EASING THE STANCE TOO QUICKLY WOULD NOT BE CONSISTENT WITH INFLATION SUSTAINABLY RETURNING TO TARGET IF INFLATION TURNS OUT TO BE MORE PERSISTENT THAN ANTICIPATED.
ECB’S LANE: KEEPING RATES OVERLY RESTRICTIVE FOR TOO LONG COULD PUSH INFLATION BELOW TARGET OVER THE MEDIUM TERM. THIS WOULD REQUIRE CORRECTIVE ACTION THAT COULD EVEN REQUIRE HAVING TO DESCEND TO BELOW-NEUTRAL.