European Central Bank's Kazakhs: Data-driven monetary policy remains appropriate

Jinshi Data December 3 news, European Central Bank committee member Kazaks said in a speech at an online event that the European Central Bank’s reliance on data and a gradual approach to formulating monetary policy is still appropriate. If the downside risks become a reality, relying on data can take action more quickly to avoid falling into a bad equilibrium. The loose cycle will continue, but its speed and depth will continue to depend on the upcoming data and the judgment of the management committee.