Yves Mersch: Interview in Börsen-Zeitung
By Bank for International Settlements (BIS)
In this comprehensive December 2017 interview, Yves Mersch signals that the ECB’s pivot away from crisis-era policies is already underway. He argues that with the euro area booming and inflation on a sustainable path toward the 2% target, the "easing bias" (the promise to increase QE if needed) is becoming obsolete.
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