ECB's Nowotny says inflation target must be viewed flexibly
Tweet
Share
E-mail
FILE PHOTO: European Central Bank (ECB) Governing Council member Ewald Nowotny adjusts his glasses during a news conference in Vienna, Austria, March 30, 2017. REUTERS/Heinz-Peter Bader/File Photo
VIENNA (Reuters) - The European Central Bank's target of inflation under but close to 2 percent should not be applied too narrowly, Governing Council member Ewald Nowotny said on Tuesday, arguing for it to be seen as a flexible and medium-term target.
In a speech on monetary policy, Nowotny said the target "should also include a certain flexibility".
(Reporting by Francois Murphy; Editing by Gareth Jones)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Houthis strike Marib again as UN warns Yemen nearing wider conflict
- US sanctions Dubai crypto exchange for aiding Iran's IRGC, following a Reuters report
- US official: We expect a deal soon between Iran and Oman on Strait of Hormuz
Create E-mail Alert Related Categories
ReutersRelated Entities
European Central BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
