ECB's Passive Policy Easing: A New Challenge

ECB officials, known as hawks, grapple with passive policy easing - a subtle yet significant issue where economic conditions might feel looser even with unchanged interest rates. Isabel Schnabel suggests a potential rate hike to prevent unwanted inflation, as the global economys shifts could raise the neutral interest rate, potentially leading to passive easing.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.