ECB should tolerate higher inflation - IMF report

The IMF's semi-annual World Economic Outlook report released on Wednesday 9 April urged the ECB to loosen its inflation target slightly to help stave off the threat of deflation for weaker eurozone economies such as Germany.

Source: Reuters

The International Monetary Fund said on Wednesday that the European Central Bank should tolerate higher inflation in the euro zone to ensure that deflation, which it sees as a risk in Germany, is kept at bay.

"As the ECB reconsiders its monetary strategy, it

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