Lagarde Says ECB Making ‘Good Progress’ on Strategy Overhaul By Bloomberg
(Bloomberg) -- European Central Bank President Christine Lagarde said its governing council is making “good progress” in talks on the biggest overhaul of the institution’s monetary policy in almost two decades. The entire governing council met in person this weekend for the first time since the outbreak of the pandemic. The talks in Taunus, Germany aim to retool the ECB for the 21st century, with a new inflation goal, better ways of measuring the economy, and agreement on how to treat issues such as climate change and inequality. “I am glad we were able to...
Continue reading