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Business & Finance

Reuters exclusively reports ECB policymakers wary of following Fed’s route on inflation target

Reuters exclusively reported that there is reluctance among European Central Bank policymakers to follow the U.S. Federal Reserve’s move to target an average inflation rate, fearing this could tie their hands. But the policymakers who spoke to Reuters feared that going down this route risked encouraging financial markets to jump to the wrong conclusions about future policy decisions based simply on where the average happened to be at a given point in time. 

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Economy & Policy
Regions: Europe
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text