ECB’s Nowotny: the ECB should take decisions on the position in October

Comments from Nowotny

  • A lot of discussions on QE volume and timing
  • The markets are prepared for the politics of standardization
  • Too early to provide details on QE plans
  • Do not see the danger cone of the crisis in Europe
  • Economic Point of view is generally positive»
  • The evolution of the wages of more and more strong

Earlier today, the ECB floated cut QE in half to 30 billion euros per month starting in January.

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