ECB governing council welcomes markets' increased risk appetite
Concerns still expressed over inflation and pace of reform
Members of the European Central Bank (ECB) governing council expressed mixed views over recent economic developments in their April 20–21 monetary policy meeting.
Global and eurozone markets had an improved appetite for risk, council members said, according to minutes of the meeting published today (May 19).
Some of the improvements were attributed directly to additional easing announced by the ECB in March, and to the central bank's communications policies. Markets had "largely priced out
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