Dr. Reinhard Cluse, European Chief Economist, UBS AG
ECB outlook and challenges – short, medium, and longer term
Where stands the ECB following the strategy review and the new forward guidance? What decisions should be expected on 16 December? What is the medium-term policy outlook, what challenges is the ECB facing, and how would it react to new crises? What is the end-game, also vis-à-vis the prohibition of monetary finance (Art 123)?