Central Banks
Lagarde Says ECB to Launch Policy-Strategy Assessment Soon
Christine Lagarde at a rates decision news conference in Frankfurt, Germany on July 18.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
The European Central Bank will “reasonably soon” start looking into its monetary-policy strategy — with results expected in the second half of next year, President Christine Lagarde said.
Speaking after officials kept interest rates unchanged, Lagarde said policymakers will assess the results of their last major review rather than launching into another extensive overhaul – confirming an earlier Bloomberg report.