ECB cares equally about too low or too high inflation

  


Well, I reckon they won’t have to care about the latter for a long time

It will be even more interesting to see how the ECB will react if inflation pressures continue to weaken in the region. Long-term inflation expectations are already walking on eggshells and if they debase further, it will be a real problem for policymakers:

EUR 5Y swap



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