ECB review won't fix house price inflation dilemma, sources say
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FRANKFURT (Reuters) - The European Central Bank's policy review is unlikely to resolve a conflict over the treatment of house prices in inflation data and will instead aim to put pressure on Europe's statistics agency to come up with a fix, four sources have said. The cost of owner-occupied housing is excluded from inflation readings. Some rate-setters, including ECB chief Christine Lagarde, have argued that this data, used to underpin policy, may inaccurately reflect how people spend their..