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16 Mar 2018
ECB's Praet: there is an improvement in the path of inflation
Here are some of the key highlights from the ECB chief economist Peter Praet's interview to Reuters, published this Friday.
• ECB is to proceed at gradual pace
• Eurozone economy may have more slack than thought
• That is possibly slowing rebound of inflation
• There is a convergence between market prices and intended end date of QE
• Must be more precise on short-term rates once bond purchases end
• Rate guidance will need to be specified