Home Forex Strategy ECB's Visco says the Bank is discussing on how to review our monetary policy strategy – ForexLive

ECB's Visco says the Bank is discussing on how to review our monetary policy strategy – ForexLive

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Ignazio Visco is the governor of Bank of Italy and a European Central Bank board member. He spoke with Italian newspaper Il Corriere della Sera over the weekend.

He said the ECB current target of inflation below but close to 2% in the medium term was “vague and difficult to understand”

“I think the target must be symmetrical” 

said the ECB was studying a recent shift in U.S. central bank strategy which puts more focus on bolstering the labour market and less on lowering inflation. … “We are discussing ourselves on how to review our monetary policy strategy” 

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