ECB's Hansson says should consider corrections to bond-buying programme * Mareeg.com somalia, World News and Opinion.
Mareeg Media
Somalia

ECB’s Hansson says should consider corrections to bond-buying programme

BERLIN (Reuters) – Given that people are feeling brighter about the economy, the European Central Bank should consider tweaking its bond-buying programme, Governing Council member Ardo Hansson told newspaper Handelsblatt.

“People are much more optimistic about the economic development and in this situation it is appropriate to think about small corrections,” he said, adding it was his personal view that bond buys should be reduced.

Asked if the ECB had enough room for maneuver in its monetary policy, Hansson said: “I think so. If the question is whether we have done all we can, the answer is no,” he added.

(Reporting by Michelle Martin; Editing by Madeline Chambers)

Get real time updates directly on you device, subscribe now.

Comments are closed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Do NOT follow this link or you will be banned from the site!