Analysis

Why the European Central Bank’s new regime matters more than you think

The ECB has said it will tolerate higher inflation and it won’t be raising interest rates for quite some time. It’s another big clue for markets – but they remain unconvinced. That’s a mistake, says John Stepek. Here’s why.

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by: John Stepek

23 Jul 2021

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The ECB: relaxed about inflation

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Why the European Central Bank’s new regime matters more than you think

The ECB has said it will tolerate higher inflation and it won’t be raising interest rates for quite some time. It’s another big clue for markets – but they remain unconvinced. That’s a mistake, says John Stepek. Here’s why.

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Why the European Central Bank’s new regime matters more than you think

The ECB has said it will tolerate higher inflation and it won’t be raising interest rates for quite some time. It’s another big clue for markets – but they remain unconvinced. That’s a mistake, says John Stepek. Here’s why.

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