The European Central Bank's preference for making interest rate decisions by consensus rather than a majority vote by policymakers, like most central banks, has been criticized for being clumsy and slow.
IBT Staff Reporter
Oct 03, 2006
ngel Gurria of the OECD, an economics think-tank, believes bankers and economists must speak simply, whatever their mother tongue, and he made the point while attending one of the world's biggest gatherings of financial leaders, in Singapore.
IBT Staff Reporter
Sep 19, 2006
Top European Central Bank policymakers on Friday left open the possibility of a bigger than expected rate rise as the ECB's chief expressed dissatisfaction with inflation running above target.
IBT Staff Reporter
May 05, 2006
IBT Staff Reporter
Nov 30, 1999