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13 Sep 2016
ECB's Lautenschlaeger: I'm sceptical about further interest rate reductions
ECB's Executive Board Member Sabine Lautenschlaeger is on the wires now, via Reuters, stating that the financial market conditions are improving and adds that she's sceptical about further interest rate cuts.
Key headlines (via Reuters):
Monetary policy is working, we are approaching our goals, albeit by following new paths
Policies can't continue forever. At some point, for example, interest rates will hit their lower limit
My view of new measures is that we need a little patience
What matters now is to give the measures time
I see no reason at the moment to change the key design elements of the QE program