{"id":131822,"date":"2021-07-11T22:48:48","date_gmt":"2021-07-11T22:48:48","guid":{"rendered":"https:\/\/precoinnews.com\/?p=131822"},"modified":"2021-07-11T22:48:48","modified_gmt":"2021-07-11T22:48:48","slug":"ecb-to-change-policy-guidance-at-next-meeting","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/ecb-to-change-policy-guidance-at-next-meeting\/","title":{"rendered":"ECB to change policy guidance at next meeting"},"content":{"rendered":"<figcaption>FILE PHOTO: The headquarters of the European Central Bank (ECB) are pictured in Frankfurt, Germany, July 8, 2020. REUTERS\/Ralph Orlowski\/File Photo<\/figcaption><p>FRANKFURT (Reuters) &#8211; The European Central Bank will change its guidance on the next policy steps at its July 22 meeting to reflect its new strategy, ECB President Christine Lagarde said in an interview that aired on Monday.<\/p>\n<p>\u201cThere will be a forward guidance review (on July 22) because we have to align with the strategy review that we\u2019ve just completed,\u201d Lagarde told Bloomberg TV.<\/p>\n<p>\u201cMy sense is that we will continue to be determined by maintaining favourable financing conditions in our economy,\u201d she added.<\/p>\n<p>Announced last week, the ECB\u2019s new strategy allows it to tolerate inflation higher than 2% when rates are near rock bottom, such as now.<\/p>\n<p>Source: <a href=\"https:\/\/www.reuters.com\/article\/us-ecb-policy\/ecb-to-change-policy-guidance-at-next-meeting-idUSKBN2EH0KJ\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FILE PHOTO: The headquarters of the European<\/p>\n","protected":false},"author":3,"featured_media":131821,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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