The European Central Bank (ECB) is willing to provide further stimulus to the eurozone economy in order to boost below-target inflation, say the minutes of its last policy meeting, held in December.

The ECB governing council “stood ready to adjust all of its instruments, as appropriate, to ensure that inflation moved towards the aim in a sustained manner, in line with its commitment to symmetry”, says the meeting’s account. Rate-setters emphasised they were still faced “with an inflation