ECB cuts frequency of monetary policy meetings

Pledges to publish ‘regular accounts’ of governing council meetings

draghi-ecb

The European Central Bank (ECB) governing council will meet to set monetary policy every six weeks from January 2015 – a change from the status quo that, when combined with a new rotation system for members, will almost halve the number of times each eurozone governor votes.

It will also start publishing "regular accounts" of those meetings, though it remains unclear what form those accounts will take, and whether or not votes will be attributed to the council members.

ECB president Mario Draghi

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