European Central Bank Governing Council member Ewald Nowotny is wary of adding further stimulus measures

Market news

23 September 2015

European Central Bank Governing Council member Ewald Nowotny is wary of adding further stimulus measures

European Central Bank Governing Council member Ewald Nowotny said in an interview with Bloomberg Television on Wednesday that he was wary of adding further stimulus measures.

"Monetary policy should be a steady-hand policy. We shouldn't act in a too-active way," he said.

Nowotny pointed out that the economy in the Eurozone is recovering, but slower than expected.

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