Investors trying to predict ECB plans face more uncertainty

Investors trying to predict the European Central Bank’s stimulus plans are about to run into deeper uncertainty even as the clouds around the pandemic start to lift. Talks on how to exit the ECB’s crisis measures are set to coincide later this year with a potential change to its inflation goal. That’ll leave market participants unsure what monetary support officials will provide and how much inflation they’ll tolerate as the economy recovers from the worst recession in living memory.

Source: Bloomberg