But first let me share with you the main findings from our consultation. Main findings from the ECB’s public consultation We received more than 8,000 replies, an all-time record for ECB public consultations. The overwhelming majority of the responses came from citizens, while 460 were from businesses and professionals in the payments sector.
In addition, when inflation is low and expected to remain low and subject to limited variations over the medium term, the prices of financial assets incorporate lower inflation risk premia, by contrast with a situation of high or uncertain inflation.