Don't panic about inflation says ECB's Liikanen - Livesquawk

Erkki Liikanen in the German press via Reuters and Bloomberg

  • ECB should not take hasty policy decisions in response to recent lower inflation
  • ECB must be alert to downside risks to growth
  • ECB must keep to its mandate
  • Speculation of more action will weaken the current program

Erkki urges caution

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