Slovak Central Bank Governor Advises ECB to Ignore Minor Inflation Deviations
The recommendation calls for policy stability, suggesting the European Central Bank should not overreact to small fluctuations from its inflation target.
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Terms & Concepts
European Central Bank (ECB): The central bank responsible for monetary policy for the countries that use the euro currency.
Inflation Target: A specific rate of inflation that a central bank aims to achieve over the medium term to ensure price stability.