ECB’s Vasiliauskas: QE should be tapered, not ‘ended suddenly’

Following are the comments delivered by the ECB Governing Council member Vasiliauskas during an interview with Reuters today.

QE should be tapered, not ‘ended suddenly’.

Rising EZ bond yields and Euro rate are normal given strong economy.

Have not seen unwarranted tightening of financial conditions.

Appropriate to rephrase ECB guidance to focus on all instruments, not just bond purchases (QE).

Feb 21, 2018

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