Forex
globalreutersMay 28, 20241 Mins read
ECB’s Schnabel: QE may have weakened the transmission of monetary policy
globalreutersMay 28, 20241 Mins read European Central Bank (ECB) policymaker Isabel Schnabel said on Tuesday that “QE may have weakened the transmission of monetary policy during the recent tightening cycle.” “In a bank-based economy targeted longer-term refinancing operations can provide substantial support with a smaller footprint,” she added.
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