• European Central Bank Governing Council member Ardo Hansson warns about the side effects on the financial stability from the central bank’s stimulus measures

Market news

16 March 2016

European Central Bank Governing Council member Ardo Hansson warns about the side effects on the financial stability from the central bank’s stimulus measures

European Central Bank (ECB) Governing Council member Ardo Hansson on Wednesday warned about the side effects on the financial stability from the central bank's stimulus measures. He noted that the monetary policy could lead to asset price bubbles.

Hansson also said that governments would not implement reforms as they could get cheap money.

Hansson voted against further stimulus measures last Thursday.

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