Draghi defends ECB’s voting opacity

Mario Draghi of the European Central Bank
Mario Draghi

European Central Bank (ECB) president Mario Draghi yesterday defended the central bank's history of not publishing a record of governing council members' monetary policy votes.

In a speech that stressed the benefits of transparency by central banks, Draghi nevertheless said "not publishing a voting record allows members to support the decision of the committee, even if they may have personally preferred a different course of action."

He admitted forging a consensus was not always possible, and

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