ECB extends strategy review until mid-2021

ECB 2017

The European Central Bank’s governing council has postponed the end of its of its monetary policy strategy review until mid-2021, due to the Covid-19 crisis.

“In the current situation, the decision-making bodies and staff of the ECB and the national central banks of the Eurosystem are focusing all their efforts on addressing the challenges posed by the coronavirus pandemic,” says the official statement.

A central point of the review will be forums where the ECB and eurozone national central

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