ECB's Nagel: Nearer we get to the impartial price, the extra acceptable for gradual strategy

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ECBs Nagel:

  • The nearer we get to the impartial price the extra acceptable for a gradual strategy.
  • The bounds of the impartial price idea are clear, dangerous to base coverage selections primarily on R-star estimates.

This text was written by Emma Wang at www.ubaidahsan.com.



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