ESG & Climate Change | Europe | Monetary Policy & Inflation
The ECB’s first strategic review in more than 16 years is now officially underway. The findings will shape the future of monetary policy, most likely with an amended inflation target and improved communication.
The inclusion of climate change in the review was duly confirmed, triggering some euro weakness on concern this could be used to engineer further expansion of monetary policy.
But for now, President Christine Lagarde will take comfort in the moderate improvement in growth and inflation dynamics that allow the current policy parameters to remain firmly on hold.
This article is only available to Macro Hive subscribers. Sign-up to receive world-class macro analysis with a daily curated newsletter, podcast, original content from award-winning researchers, cross market strategy, equity insights, trade ideas, crypto flow frameworks, academic paper summaries, explanation and analysis of market-moving events, community investor chat room, and more.