ECBs Nowotny: Sooner Rather Than Later The European Central - TopicsExpress

ECBs Nowotny: Sooner Rather Than Later The European Central Bank (ECB) should not wait too long to take action to boost the faltering recovery and price growth, bank Governing Council member Ewald Nowotny said late Monday, adding that steps including bond buying were still being discussed. I dont think that ... one should get into monthly data but I think we certainly have prospects for very low inflation rates in the medium term, Nowotny said a panel discussion organized by news outlet nzz.at. Second, you always have to consider that monetary policy has an impact only after a long delay, he added. That means if I want to do something I should do it sooner rather than later. Moving to QE Speaking further, he sad the banks policymakers were discussing several models of new stimulus that include purchases of government and corporate bonds. read more : forex-tsd/general-discussion/92300-eur-usd-news-211.html#post722800

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