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09.09.2020, 10:10

ECB's governing council member Muller: A timely exit from temporary emergency measures as the economy improves is just as important as decisive policy action during the crisis

  • This will minimize the risk of undesirable side effects of accommodative policy being kept in place for longer than necessary
  • Ultra-low rates have been around for longer than initially expected, so need to study the impact this may have on the financial sector, changes in real economy

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