ECB’s Rehn: ECB stimulus package may overshoot expectations – WSJ

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15 August 2019

ECB’s Rehn: ECB stimulus package may overshoot expectations – WSJ

Says the slowing global economy will see the ECB roll out fresh stimulus measures that should include “substantial and sufficient” bond purchases as well as cuts to the bank’s key interest rate
It’s important that we come up with a significant and impactful policy package in September
When you’re working with financial markets, it’s often better to overshoot than undershoot, and better to have a very strong package of policy measures than to tinker

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