Peter Praet delves deeper into ECB forward guidance

peter-praet

Peter Praet, the European Central bank (ECB) chief economist and executive board member, today delved deeper into the motivations behind the central bank's decision to introduce forward guidance last month, reasserting the possibility that further rate cuts could follow.

Writing for Vox, the policy research portal, Praet explained how the ECB's pledge to keep interest rates "at present or lower levels for an extended period of time" provides additional easing while ensuring that the full force o

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: