European Central Bank policymakers were divided at their last meeting in October about the risks of inflation coming in too low over a sustained period, according to minutes released Thursday.
The ECB Governing Council cited an updated assessment of the inflation outlook and the strength of monetary policy transmission as key factors in their decision. “It is now appropriate to ...
Economists polled by Reuters expect the figures to show that consumer price inflation climbed to 2.2 per cent in October, up from 1.7 per cent in September and back above the BoE’s 2 per cent target.