ECB's Visco Sees Shorter Break Between QE Exit, Rate Hike

The video discusses the G20 meeting in Baden Baden, focusing on US trade policy and the potential risks of protectionism. It highlights the importance of free trade and an open economy. The discussion then shifts to the Euro area, where economic growth is improving, but inflation remains a concern for the ECB. The ECB's monetary policy, including interest rates and quantitative easing, is examined, emphasizing the need for a consistent approach to exit strategies. The video concludes with considerations on the timing of interest rate changes and the impact of asset purchases on the ECB's balance sheet.

Why is it considered too early for the ECB to declare 'mission accomplished' regarding inflation?

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What are the implications of the ECB's target for inflation in the euro area?

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How does the speaker view the relationship between monetary policy and market developments?

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