ECB’s executive board member Sabine Lautenschlager, in an interview conducted by Agence France-Presse on 22 November 2018 and published on 26 November 2018, said that there is nothing on the horizon to change plans to end QE.
Key quotes:
“¢ Economic growth is in-line with ECB’s forecasts.
“¢ ECB should not bind itself for a long period of time with regard to reinvestments.
“¢ QE shouldn’t be part of normal policy textbook.
“¢ Our policy decisions are data-driven.
“¢ Base on the current information, confident that we will raise key interest rates next year.
“¢ The outlook has not changed significantly.
“¢ Risks are still broadly balanced and with our monetary policy
“¢ We will provide ample support to the economy.
Share
