ECB needs to lower inflation target in policy review - Holzmann
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WASHINGTON (Reuters) - The European Central Bank should cut its inflation target and must rethink its policy approach as negative interest rates could endanger the bloc's financial system, Austrian central bank Governor Robert Holzmann said on Friday.Having undershot its inflation target of almost 2% since 2013, the ECB cut rates deeper into negative territory last month and said it would restart asset purchases, igniting a rare public debate as a growing number of policymakers question the..