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ECB’s Nowotny: Well communicated exit may benefit financial health

The European Central Bank (ECB) Governing Council member Ewald Nowotny crossed the wires again in the last hour, saying that ending QE poses little risk to financial stability.

Additional quotes:

   “¢   A well-communicated exit may benefit financial health.
   “¢   Very low rates for a long time may impair stability.

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