ECB Schnabel: ECB can continue to do whatever needed to bring inflation back to 2% target

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Greg Michalowski

  • ECB can continue to do whatever is needed to bring inflation back to 2% target in a timely manner
  • has a clear mandate of price stability
  • financial stability is a precondition for price stability and vice versa
  • ECB has the tools to provide liquidity to euro area financial system

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