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ECB’s Governing Council approves its new monetary policy strategy

From ecb.europa.eu

New strategy adopts symmetric 2% inflation target over medium term Governing Council confirms that HICP remains appropriate price measure and recommends inclusion of owner-occupied housing over time New monetary policy strategy is result of thorough review launched in January 2020 Governing Council approves ambitious climate change action plan The Governing Council of the European Central Bank (ECB) has today published its new monetary policy strategy, which it has set out in a monetary policy strategy statement. The Governing Council considers that price stability is best maintained by aiming for a 2% inflation ... (full story)

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