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- 원문 제목: Isabel Schnabel: Monetary policy in a world of overlapping shocks
- 발표시각: 2026-09-30

핵심 내용
- Monetary policy in a world of overlapping shocks
- Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the 8th Annual EC-EIB-ESM Capital Markets Seminar
- Inflation is back and weighing once again on people’s everyday lives.
- For monetary policy, this sequence of shocks poses challenges.

본문 주요 항목
- Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the 8th Annual EC-EIB-ESM Capital Markets Seminar
- Monetary policy response depends on projected deviation from inflation target
- Central banks are facing overlapping shocks
- Monetary policy needs to focus on underlying inflation to assess price stability
- Monetary policy cannot wait for indirect and second-round effects to materialise
- Assessing the projections against incoming data

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원문 출처
https://www.ecb.europa.eu//press/key/date/2026/html/ecb.sp260930_1~7c6c120482.en.html
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