ECB’s Panetta: Central bank should not unconditionally pre-commit to future policy moves

“European Central Bank (ECB) should not unconditionally pre-commit to future policy moves,” the central bank’s executive board member Fabio Panetta said on Thursday.

Additional quotes

“Extent and duration of monetary policy restriction matters now that rates are in the restrictive territory.”

“Headline inflation may fall below 3% towards the end of the year.”