The ECB has the authority to progress in the normalization of policy, according to Vasle

The ECB has the authority to progress in the normalization of policy, according to Vasle ...

Reuters: Given increasing inflationary demands, the European Central Bank should start normalizing monetary policies gradually, according to Bostjan Vasle, according to a magazine article.

"The time has come to allow our monetary policy to escape crisis mode and begin the process of gradual normalization," Vasle said in the Eurofi Magazine.

"Our monetary policy must begin repurposing its space to respond to the next business cycle, owing to the return of economic activity to pre-crisis level, rising labor constraints and in part structural pressures on energy prices."

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