Home ECB’s Holzmann: Stimulus cannot be withdrawn too rapidly

ECB’s Holzmann: Stimulus cannot be withdrawn too rapidly

Updated: 11 Dec. 2020 | 11:02

Monetary policy stimulus cannot be rolled back too rapidly, the European Central Bank (ECB) policymaker and Austrian National Bank Governor Robert Holzmann said on Friday.

Commenting on the PEPP volume, Holzmann said that “it is a limit that can be used up but the expectation is that it will not be fully used.”

more to come …

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