finance
Central bank official declines to signal future rate moves
An official at the European Central Bank Forum on Wednesday said repeated questions about interest rate plans would not produce additional details. The official also stated that inflation risks have declined while reaffirming a 2% target.
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An official speaking at the European Central Bank Forum on Wednesday said attempts to obtain guidance on future interest rate decisions would not succeed. The official added that internal discussions would occur behind closed doors but offered no further public information on policy direction.
Comments that inflation risks have come down followed, yet the official repeated that the central bank would maintain its 2% inflation objective and deliver price stability.
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