Thursday, July 6, 2017

ECB opened door at June meeting to removing bond-buying pledge: minutes

European Central Bank rate setters meeting last month opened the door to dropping a long-standing pledge to boost the ECB's bond-purchase program if necessary, minutes of the meeting showed on Thursday. ECB policymakers discussed already taking out that so-called "easing bias" from their policy message at the June 7-8 meeting but decided against it because the euro zone's economic recovery had yet to result in higher inflation - the bank's main policy objective....(read more)
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