ECB shifts policy as major central banks take on inflation
Friday 17 December 2021 – Vol.12 Ed.50.5
Commentary: Inflation reaction: US, UK from Mars, Europe from Venus
By David Marsh in Berlin
The ECB is banking on ‘flexibility’ in continued monetary easing, confirming divergent approaches on inflationary threats compared with the US Federal Reserve and Bank of England. Amid a flurry of central banking policy announcements, the ECB said it will scale back pandemic-related emergency asset purchases...