ECB publishes first minutes

Joins the BoE, BoJ and Fed after years of resistance

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The European Central Bank (ECB) published the first ever minutes of its monetary policy deliberations today, shedding light on the decision to launch quantitative easing (QE) on January 22.

Calls to publish minutes have dogged the ECB for years, but today it falls in line with the Bank of England, Bank of Japan and Federal Reserve by releasing what it prefers to call an "account" of the latest governing council meeting.

Coming in at just over 9,000 words – roughly the going rate for most major

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