UK's Brown expects ECB inflation target debate

UK chancellor Gordon Brown, whose country currently holds the rotating EU presidency, told the European Parliament that debate over the European Central Bank's inflation target is to be expected.

'Of course there will be a debate about the European Central Bank in Europe,' Brown told the European parliament's economic and monetary affairs committee.

He said he expects the debate to centre on whether the ECB should follow the Bank of England and adopt a symmetrical inflation target 'which is pro

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