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Too early to decide on QE expansion – ECB’s Coeure

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 12, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - In an interview with CNBC, reported via Reuters, the European Central Bank’s (ECB) executive board member Benoit Coeure said that any decision on expansion of the central bank’s asset-purchase program (QE) would be considered premature.

    Key Quotes:

    "If anything were needed, we would need to be ready,"

    "But it is too early to pass that kind of judgment."

    "What we see is a steady recovery momentum in the euro area,"

    "Certainly, in our judgment, in our analysis, the risks come from the outside."
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