Maris Research

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Andrew BosomworthKonstantin Veit

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Bonds
Andrew BosomworthKonstantin Veit

ECB: New Inflation Target, Old Tools

In a surprisingly early conclusion of its monetary policy strategy review, the European Central Bank (ECB) rolled out several changes that will likely keep monetary policy easier for longer. The good news: The ECB adopted an easy-to-understand, symmetric (i.e., negative and positive deviations of inflation

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