ECB's QE Pledge Said Facing Policy Maker Challenge

The transcript discusses the internal dissent within the ECB regarding inflation threats and the challenges faced by central banks globally. It highlights the Bank of England's approach to inflation based on growth constraints and the importance of open-ended quantitative easing to ensure market confidence and achieve inflation and growth targets.

What are the differing views within the ECB regarding inflation?

What challenges do central banks face in managing inflation according to the text?

How does the Bank of England's recent actions reflect its beliefs about potential growth?

In what ways does the text suggest that inflation targets have been missed?

What is the significance of making quantitative easing measures open-ended?