US Biden plan will impact both growth and inflation expectations!
- 3 years ago
Now, obviously staff here at the ECB have been very diligently looking at the Biden plan and trying to assess on a very preliminary basis what the impact will be on both growth through the trade channel in particular, and also on the inflation expectations and particularly on the inflation outlook. https://www.eudebates.tv/debates/eu-policies/economy/us-biden-plan-stimulus-for-recovery-will-impact-euro-area/ There will be some impact, it's pretty clear.
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That will be reflected in future projections because this has not been taken on board this time around. I think they also want to have a look very carefully at what is eventually delivered after the signing into law of what has been voted yesterday by the House of Representatives.
https://www.eudebates.tv/ #eudebates
#eudebates #ECB #Lagarde #NextGenerationEU #MFF #EUbudget
That will be reflected in future projections because this has not been taken on board this time around. I think they also want to have a look very carefully at what is eventually delivered after the signing into law of what has been voted yesterday by the House of Representatives.
https://www.eudebates.tv/ #eudebates