- June 21, 2021
- Posted by: Stratford Team
- Category: Business
European Central Bank (ECB) President Christine Lagarde in Frankfurt, Germany, March 12, 2020. REUTERS/Kai Pfaffenbach/File Photo
FRANKFURT, June 20 (Reuters) – European Central Bank policymakers meeting this weekend made “good progress” in reshaping the ECB’sstrategic goals, including the role it plays in fighting climate change and a revised approach to inflation, President Christine Lagarde said on Sunday.
The 25 members of the ECB’s Governing Council gathered in a hotel near Frankfurt to add impetus to the bank’s first review of its approach to monetary policy in nearly two decades, which it aims to conclude in the second half of the year.
Lagarde gave no detail of the outcome of the talks, saying only that they covered the ECB’s inflation goal and time horizon, links between climate change and monetary policy and the modernisation of central bank communications.
“I am glad we were able to have in-depth discussions and we made good progress in shaping…
