ECB’s new target not expected to influence Denmark’s policy

Lars Rohde
Lars Rohde
www.nicolaiperjesi.com

The European Central Bank’s new inflation target will not affect the monetary policy of the National Bank of Denmark, the Danish central bank said in a statement.

On July 8, the ECB adopted a symmetric 2% inflation target, as it unveiled the results of its strategy review.

“The ECB’s adjustment of its inflation target will not impact the way in which Danmarks Nationalbank pursues its fixed exchange rate policy. A stable krone rate vis-à-vis the euro is in Denmark’s best interest,” said

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