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Fed History Suggests ECB Won’t Boost Inflation on Guidance Alone

(Bloomberg) -- European Central Bank policy makers have acknowledged that their new push to boost inflation expectations could take quite a while to kick in, according to officials familiar with the discussions. In its strategy review this month, when it raised its inflation goal and acknowledged that it might overshoot, the ECB’s Governing Council discussed the experience of the U.S. Federal Reserve, the officials said. U.S. expectations -- a critical signal of future price gains

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