ECB to discuss policy recalibration, not stimulus exit: Praet

2017 09 28T085622Z 1 LYNXNPED8R0LB RTROPTP 0 ECB POLICY PRAET 1 - ECB to discuss policy recalibration, not stimulus exit: Praet
FILE PHOTO – European Central Bank Executive Board Member, Peter Praet, speaks during a conference in Sofia, Bulgaria May 24, 2017. REUTERS/Stoyan Nenov

September 28, 2017

BERLIN (Reuters) – European Central Bank policymakers will discuss a recalibraion of policy measures this autumn, not an exit from stimulus, ECB chief economist Peter Praet told a conference in Berlin.

“I am not talking about exit, I am talking about recalibration,” Praet said. “I will not prejudge.”

The ECB has said it will discuss in October whether to cut stimulus from next year given solid growth and the waning threat of deflation.

(Reporting by Reinhard Becker; Writing by Balazs Koranyi; Editing by Francesco Canepa)

Source link

from CapitalistHQ.com http://ift.tt/2yuDrcl

This entry was posted in news and tagged , , , . Bookmark the permalink.