ECB market neutrality crumbling, Strategy review and monetary policy
Wednesday 17 February 2021 – Vol.12 Ed.7.3
Commentary: ECB market neutrality crumbling
By Danae Kyriakopoulou in Madrid
Market neutrality, the principle holding the fort of conservatism against European Central Bank climate action, is beginning to crumble. Over the past few days, more central bankers across the Eurosystem have publicly questioned it for the first time. But there is still a long way to consensus. The debate around...