Reuters exclusively reports ECB policymakers at odds on inflation strategy, hope for Sept deal

Reuters reported exclusively that European Central Bank (ECB) policymakers are still some way apart on their new inflation strategy but hope to reach an agreement before debating the future of their pandemic-fighting program in September. ECB rate setters agreed on some side issues at a retreat recently, such as including environmental considerations into their policy decisions and adding owner-occupied housing costs to their measure of inflation. However, there were still some differences when it came to the core of the ECB’s strategy review: the definition of price stability and how to achieve it.