European Central Bank Governing Council member Ewald Nowotny: there are limits to the central bank’s monetary policy

Market news

20 January 2016

European Central Bank Governing Council member Ewald Nowotny: there are limits to the central bank’s monetary policy

European Central Bank (ECB) Governing Council member Ewald Nowotny said on Wednesday that there are limits to the central bank's monetary policy.

"We have to be aware that of course there are limits to monetary policy," he said.

Nowotny pointed out that the ECB's quantitative easing was working.

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