ECB – Looking at Forward Guidance

European’s Central Bank (ECB) is keeping all options open as it continues to deal with a weak economy, according to one member of ECB’s executive board. The official said in an interview that the ECB is reviewing possible use of a practice known as forward guidance, which is the method used by the U.S. Federal Reserve. With forward guidance, future indications for monetary policy are signaled in advance to the markets. No final decision has been made, the official stressed.

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