Should the ECB increase the transparency of governing council meetings?

As the European Central Bank is about to embark on its first strategy review since 2003, the transparency of its decision-making process is coming under greater scrutiny.

Analysts, market participants and former officials are pondering the pros and cons of publishing the results of votes, and the opinions expressed by individual governing council members.

The ECB’s governing council, comprising the six executive board members and 19 national governors, does not hold formal votes to make policy

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