ECB not hamstrung by consensus decisions

According to this article published on Tuesday 3 October by Reuters, new information that the European Central Bank's Governing Council holds informal votes suggests it is not as clumsy and slow as some believed.

According to the article, this could make it easier for the ECB to keep raising rates in 2007.

"But it also highlights the difficulty in interpreting comments from individual policymakers, who may be expressing personal views rather than the consensus stance."

The article quotes a "euro

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