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ECB may start tweaking policy message in early 2018: minutes

Reuters  |  FRANKFURT 

By Balazs KoranyiFRANKFURT (Reuters) - The European Central Bank should revisit its communication stance in early 2018, accounts of its December meeting showed, suggesting that policymakers could soon start preparing markets for the end of the bank's massive stimulus scheme. With the euro zone seeing its best growth in a decade, the ECB should gradually shift its stance to avoid a more disruptive move later and should look at a broader revision of its policy guidance to reduce the focus on bond purchases and raise the emphasis on interest rates, the accounts showed.The euro surged more than ...

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First Published: Thu, January 11 2018. 19:04 IST
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