Policy Briefs

R. Tamborini: Beware of pitfalls in the Review of Policy Strategy of the European Central Bank

After taking office on November 1, 2019, the most important announcement from the new President of the European Central Bank (ECB) Christine Lagarde has been an official Review of the policy strategy. The last one dates back to 2003, hence Lagarde has a reason to say that it “is nothing unusual or extraordinary”. However, there are also reasons to foresee that the Review will be neither usual nor ordinary.

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