Allsopp - ECB should have stable growth aim

UK - Maintaining a stable rate of economic growth should be given a clearer role in the policy framework of the European Central Bank, a senior Bank of England official said on Wednesday.

Christopher Allsopp, an external member of the BoE's nine-member Monetary Policy Committee, said greater symmetry in inflation targetting had worked well in Britain and could be applied across Europe.

A symmetrical inflation target focuses on a specific level of inflation and deems any undershoot as bad as an