ECB to Consider Agile Policy Moves in Response to Price Shocks
(Reuters) -The European Central Bank is set to consider changing its monetary-policy strategy to enable more nimble responses to price shocks as the global environment becomes increasingly volatile, Bloomberg News reported on Thursday.
ECB Governing Council members will discuss the case for such a shift at an informal retreat on May 6-7 in Porto, Portugal, where they will conduct their first in-depth debate on an ongoing review of their strategy, the report added.
It cited people familiar with the preparations who asked not to be identified.
(Reporting by Rhea Rose Abraham in Bengaluru; editing by Mark Heinrich)
