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​​MNI BRIEF: ECB Committed To Symmetrical Price Target: Schnabel

MNI PREVIEW: BOK To Hold, But New Restrictions Impact Concerns
(MNI) LONDON
LONDON (MNI)

The European Central bank has a commitment to symmetry when looking at any inflation goal, Executive Board member Isabel Schnabel said Tuesday, although accepting that the position could be "spelt out more clearly".

Speaking during a Bank of Finland online forum, she said deviations to price targets on both sides were 'problematic' and needed addressing. However, she pointed out that here definition of symmetry was not necessarily reflective of outcome, stepping back somewhat from what she called 'make up' policies.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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