• ECB minutes: changes in communication are premature, policymakers concluded in January

Market news

22 February 2018

ECB minutes: changes in communication are premature, policymakers concluded in January

  • Policymakers were in broad agreement over the concerns about the euro's volatility

  • Communication stance could be revisited at upcoming meetings in early part of 2018

  • Some expressed preference for dropping easing bias

  • Policy will evolve to avoid abrupt, disorderly adjustments later

  • Pace of economic expansion could strengthen, growth robust

  • Increasingly confident about inflation but patience required

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