ECB President Lagarde (Q&A) says core inflation is a key consideration, and it is following a path the ECB had anticipated; path is taking us to target
Importance
Level 1
- Emphasises that European leaders are meeting next week to examine competitive reforms; ECB statement always refers to welcoming strengthening the Euro area economy
- In anticipation of that meeting, ECB has given a checklist to the leaders, it is what ECB regards as likely measures to enhance growth and productivity
- Reforms must be deepened
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