Absence of price pressures checks central bank hawks
Central banks must balance price stability mandates against market-driven concerns of financial stability
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In this article
- ECB quandary
- Central banks more market-driven
- Financial stability trumps price stability
- Risk of another 'taper tantrum'
- Low inflation poses dilemma
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_350.jpg "Federal Reserve Board Chairwoman Janet Yellen in Washington, USA (Reuters)")