Noyer backs ECB minutes to shed light on ‘complex’ monetary policy
French governor says accounts should ‘give a sense of the discussions’ on the governing council
The European Central Bank (ECB) should start publishing "accounts" of the governing council meetings, because monetary policy is "becoming more complex", Christian Noyer, the Banque de France governor, said yesterday.
The ECB committed to publishing "regular accounts" last week, and Noyer agreed the central bank should "place more emphasis on enhanced communication" in the post-crisis environment.
It is unclear what form the accounts will take. Noyer, however, seems reluctant to publish a
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