31 Jul 2017
ECB’s Lautenschlaeger: ECB should start to discuss QE exit strategy
Remarks from the European Central Bank (ECB) Governing Council member Sabine Lautenschlaeger on the bank’s monetary policy program were published in the Mannheimer Morgen newspaper over the weekend.
Key Headlines (via Reuters):
ECB should start to discuss QE exit strategy
The expansionary monetary policy has both advantages and side effects.
As time passes, the positive effects get weaker and the risks increase
it's important to prepare for the exit in good time
"What's crucial is a stable trend in the rate of inflation towards our objective of just under 2% . It's not quite there yet."