FRANKFURT, Sept. 30 (Xinhua) -- European Central Bank (ECB) President Christine Lagarde said on Wednesday that her institution could examine the "usefulness" of a policy approach where inflation is allowed to temporarily overshoot its target.
Addressing a conference via video link, Lagarde said there is a "wider discussion" today on "whether central banks should commit to explicitly make up for inflation misses when they have spent quite some time below their inflation goals."
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
