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Blog ECB: New Inflation Target, Old Tools ECB: New Inflation Target, Old Tools The European Central Bank (ECB) unveiled a newly reformulated, more ambitious inflation target. Without new mechanisms to achieve it, however, we believe inflation will remain stubbornly stuck well below 2%.
In Depth ECB Monetary Policy Confronts Aging Demographics and Elusive Inflation ECB Monetary Policy Confronts Aging Demographics and Elusive Inflation As the European Central Bank (ECB) embarks upon normalising its unconventional monetary policy, it is pertinent to consider whether Europe risks sliding into a liquidity trap.
Konstantin Veit Portfolio Manager, European Rates Share Share Share via LinkedIn Share via Facebook Share via Twitter Share via Email Add Add Download Download Print Print Mr. Veit is an executive vice president and portfolio manager in the London office, where he oversees the European rates and short-term desks. He is also a permanent member and current chair of the European portfolio committee. Previously at PIMCO, his responsibilities have included a portfolio manager role on the European short-term desk and overseeing the European portfolio associates, the European collateral desk, and the European cash desk. Mr. Veit has also worked in PIMCO's Tokyo, Newport Beach, and Munich offices. He joined PIMCO in 2006. He has 16 years of investment experience and holds a master's degree in economics from J.W. Goethe-University Frankfurt. He also holds a master's degree in piano from the Academy of Music Detmold, Germany.
