ECB minutes: rebound in inflation is stalling

FXStreet (Mumbai) - The minutes of the ECB October meeting released today showed the policy makers are worried the rebound in inflation is stalling.

Key Points

Policymakers may not be gaining sufficient tractions to achieve the inflation target

Must re-examine degree of policy accommodation in Dec and be ready to act if necessary

Policymakers expect a delay in achieving the inflation target

Revision of inflation outlook is potentially worrisome