Dr Jan Wicke, CFO Talanx AG, on today's ECB meeting:
While the inflation rate has fallen below two percent, the core rate has not yet. Although the ECB's mandate is solely to ensure price stability, it looks as if it is trying to stimulate the economy. In doing so, it risks creating additional inflationary pressure. Whether this decision was a wise one will be seen over the next six months in the development of the core rate.
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