ECB toes dovish line, launches strategic review, borrowers steer clear

ECB 230x150 euro sculpture
By Lewis McLellan
23 Jan 2020

The European Central Bank launched a strategic review of its monetary policy strategy on Thursday, but otherwise kept its fairly dovish stance on eurozone rates more or less unchanged.

“As our economies are undergoing profound changes, it is the time for a strategy review to ensure we deliver on our mandate in the best interest of Europeans,” said ECB president Christine Lagarde.

The review will include a look at how “considerations such as financial stability, employment and environmental ...

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