BIS calls for “Intense Review” of data on European deflation

BIS calls for “Intense Review” of data on European deflation

In the opening remarks from a Sept 4th and 5th Bank for International Settlements conference, “Indicators to Support Monetary and Financial Stability Analysis: Data Sources and Statistical Methodologies”, BIS Deputy General Manager Hérve Hannoun stressed the need for central banks’ “intense review” of inflationary measurements as a means for providing reliable statistical data for monetary policymaking. We give a read of Hannoun’s speech for what this actually means.

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