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ECB Review May Reset Inflation Aim to 2% But Struggle to Do More

  • Most see current goal of ‘below but close to 2%’ as too vague
  • Climate change very likely to feature in the strategy review
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What challenges face President Christine Lagarde as the ECB looks to tweak its inflation target?Source: Bloomberg
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European Central Bank policy makers expect to tweak their inflation target in an upcoming review of their strategy but will struggle to go much further than that, according to officials with knowledge of the matter.