ECB Monetary Policy Meeting Accounts: The need to revise forward guidance on interest rates was emphasised
26.08.2021, 12:15

ECB Monetary Policy Meeting Accounts: The need to revise forward guidance on interest rates was emphasised

The ECB released accounts of its July 21-22 monetary policy meeting. It noted that:

  • Members agreed that it was necessary to align the forward guidance on interest rates with revised formulation of price stability objective in ECB’s new monetary policy strategy;
  • The need to revise forward guidance on interest rates was emphasised, in order to provide a credible commitment to bringing inflation up to new target;
  • Reformulated forward guidance was best understood as a set of conditions that would help guide ECB’s actions in pursuit of its inflation target, as defined in the new strategy; it did not necessarily imply “lower for longer” interest rates if it ultimately succeeded in anchoring inflation expectations at target, as intended;
  • It was remarked that forward guidance on interest rates, if credible, should reduce extent to which other instruments needed to be deployed;
  • New formulation of forward guidance was widely seen as finely balanced;
  • It was noted that forward guidance language should clearly dispel notion that 2% was a ceiling for inflation, given that new strategy explicitly allowed for moderate and transitory overshooting;
  • Members put forward a number of considerations. On one hand, the case was made for strengthening the forward guidance on interest rates even further… On the other hand, it was cautioned that requiring inflation to durably reach 2% at an earlier point in time would risk undermining medium-term orientation of monetary policy;
  • Credibility of Governing Council’s forward guidance was seen as key to its success

© 2000-2026. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
E-mail
Povratak na vrh
Izaberi lokaciju / jezik