According to Jinshi, European Central Bank Governing Council member Fabio Panetta said the ECB will focus on keeping inflation expectations stable as it weighs future interest rate decisions. He added that the central bank also aims to limit the indirect and second-round effects of shocks. The remarks center on how the ECB frames its policy response when assessing upcoming rate moves. No additional details were provided in the brief update carried by ChainCatcher.
ChainCatcher, citing Jinshi, reported that European Central Bank Governing Council member Fabio Panetta said that when considering future interest rate decisions, the ECB’s objective is to keep inflation expectations stable and limit the indirect and second-round effects of shocks.
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