Trichet dice que peligro de deflación está 'superado'

The transcript discusses the European Central Bank's (ECB) dovish stance, highlighting the absence of an end date for quantitative easing programs. It evaluates the success of ECB policies, noting the robustness of the real economy and positive inflation expectations. The transcript also addresses the end of deflation risks and justifies the ECB's decision to start tapering next year, emphasizing that this decision is data-driven and appropriate.

What is a potential risk of the ECB's dovish stance?

• It could lead to higher inflation.

• It might harm the economy more than it helps.

• It could strengthen the euro too much.

• It may cause interest rates to rise.

How is the real economy described in the context of ECB's policies?

• Surprisingly robust

• Stable but stagnant

• Unpredictable

• Weak and declining

What is the outlook on inflation over the next five years according to the ECB?

• It is expected to decrease significantly.

• It is not fully aligned with the definition but closer.

• It will remain constant.

• It will exceed expectations.

What is the ECB's stance on the danger of deflation?

• It is worsening.

• It is completely over.

• It is improving but still present.

• It is still a major concern.

What is the ECB's approach to future decisions regarding tapering?

• They will be data-driven and appropriate.

• They will be made without considering data.

• They will be based on political factors.

• They will be postponed indefinitely.