European Central Bank (ECB) Executive Board Member Yves Mersch: the central bank could adjust its quantitative easing programme

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7 abril 2015

European Central Bank (ECB) Executive Board Member Yves Mersch: the central bank could adjust its quantitative easing programme

The European Central Bank (ECB) Executive Board Member Yves Mersch said in an interview on Tuesday that the central bank could adjust its quantitative easing programme if inflation target will be achieved faster than expected.

He noted that the exchange rate should not be used to lift Eurozone's competitiveness because it would breach European Union law.

European Central Bank purchased almost 61 billion euros of government bonds in the first month of its quantitative easing programme

Federal Reserve Bank of Atlanta President Dennis Lockhart prefers the Fed will start to raise its interest rate in July or September

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