How the ECB Can Soften a Potential Taper Tantrum

The transcript discusses the European Central Bank's (ECB) recent press conference, focusing on their monetary policy, including the TLTRO and corporate purchase program. It highlights the ECB's signaling issues and market reactions, particularly concerning the 80 billion purchase limit. The impact of Brexit on the euro and market dynamics is examined, along with the challenges facing European economic growth, such as bank lending and trade with the UK.

What does the speaker suggest about the effects of exchange rates on inflation?

What concerns are raised about bank lending and its impact on economic growth?