Economics

ECB Puts Off Proposal to Outline Policy Guidance This Week

  • Officials decided to wait until July 22 to address guidance
  • President Lagarde presented new ECB strategy on Thursday
ECB's Lagarde Says 2% Inflation Target Is 'Not a Ceiling'
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European Central Bank policy makers rejected a proposal to clarify when and under which circumstances they might be ready to tighten monetary policy following changes to their inflation goal, according to officials familiar with the debate at meetings this week.