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ECB: Cipollone Q&A: Non-Linear QT and Mon Pol Equivalence
Source: Buzz FX / 18 Feb 2025 09:11:24 America/Chicago
February 18, 2025 15:01 GMT
ECB: Cipollone Q&A: Non-Linear QT and Mon Pol Equivalence
ECB
Q: How shall we translate/compare the impact of QT with policy rate changes? Is this linear/does this change with time?
A: It's not linear.
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