Economics
ECB Inquiry May Push for Overhaul of Inflation as We Know It
- Including home acquisition costs would likely boost inflation
- Knock-on effect might be seen in government borrowing costs
ECB headquarters in Frankfurt, Germany,.
Photographer: Peter Juelich/BloombergThis article is for subscribers only.
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The European Central Bank’s decision to review how it measures inflation is likely to raise pressure for a much-needed overhaul of the gauge that guided officials to impose negative interest rates on the region.