The Governing Council also announced that it would launch the first review of its monetary policy strategy for the first time since 2003 in a rethink after years of radical monetary stimulus struggled to revive inflation
Any change in order to include housing prices could prove super hawkish. More basically, the review might also bring some clarity about what the objective of inflation really means
For historical reasons, Europe has long resided in the strategic shadow of the United States... but the global balance of power is rapidly shifting, leaving Europe increasingly exposed...