ECB sources report: Only a handful of policymakers made the case for open-ended QE

  • Sources report from Reuters
  • Policymakers agreed that 1.9% inflation expected in 2024 is at target
  • Only a handful of ECB policymakers made case for keeping APP open-ended

Given the macro backdrop right now, relying on any 2024 inflation forecasts from anyone is a fool's game.

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