July 3, 2014
By CentralBankNews.info
The European Central Bank (ECB) will follow other major central banks and start to publish details of its monetary policy meetings starting from January 2015.
Unlike other central banks, the ECB has been reluctant to release minutes of discussions held by its ruling governing council due to concern that it would inhibit a free debate.
The ECB’s council comprises governors of the 18 national central banks in the euro area along with the six members of its executive board.
ECB President Mario Draghi also said in his remarks to a press conference that the council would no longer meet to discuss monetary policy once a month but every six weeks, starting in January.
