Final version of ECB policy review could take a year
New president Christine Lagarde is expected to redefine the ECB’s main goal, but it is expected to leave its monetary policy on hold for now
23 January 2020 - 17:35
Frankfurt — The European Central Bank (ECB) launched a broad review of its policy on Thursday that is likely to see new president Christine Lagarde redefine the ECB’s main goal and how to achieve it.
The eurozone’s central bank has fallen short of its inflation target of just less than 2% for years, even after Lagarde’s predecessor, Mario Draghi, launched increasingly aggressive stimulus measures...
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