First-ever Account of ECB Governing Council Monetary Policy Meeting

For the first time, the ECB has published an official account of a Governing Council monetary policy meeting. The account, issued on 19 February, covers the meeting of 21-22 January 2015 – providing background on the decision to approve a Euro area sovereign bond purchase programme (‘quantitative easing’) set to run from March 2015 to September 2016. A review of financial, economic and monetary developments and policy options is followed by a synopsis of the Governing Council’s discussion and monetary policy decisions. A PDF version is available at this link. The next monetary policy account is due for release on 2 April, via ECB > Press > Monetary policy accounts. The EUI Library maintains a Euro Resources directory and a European Data directory.