ECONOMY - FINANCE / Ecb

Frankfurt-based institute specifies evolution of its monetary policy, in particular forward guidance on its key rates

Brussels, 22/07/2021 (Agence Europe)

The Governing Council of the European Central Bank (ECB) on Thursday 22 July clarified its monetary policy stance after unveiling its new strategy, which includes a symmetric inflation target of 2% (see EUROPE B12758A1).

In particular, it revised its forward guidance to underline its commitment to maintaining a permanently accommodative monetary policy stance in order to achieve its inflation objective.

In its press release, the ECB thus expects its key interest rates to remain at their...