ECB to discuss setting 1% base on inflation target

As part of the ECB's strategy review, the Financial Times reports, it will discuss the possible introduction of a 1 per cent lower boundary to its inflation target at its rate-setting meeting this week.

Source: Financial Times

The European Central Bank will discuss introducing a floor as part of its inflation target at its rate-setting meeting this week.

A lower boundary of 1 per cent will be looked at, to curb criticism that the bank has a deflationary bias when drawing up policy for the 12- na