Reported 4 months ago
The European Central Bank (ECB) plans to maintain its aggressive stimulus strategies from the past decade during its ongoing strategy review, despite high inflation and recent financial losses prompting calls for self-criticism. Policymakers are showing support for previous measures such as quantitative easing, with only minor expected adjustments to the strategy document, last updated four years ago. Although some governors desired a more critical evaluation, the review is set to affirm the need for forceful actions in future economic challenges while addressing the complexities of interest rate guidance.
Source: YAHOO