ECB’s Mersch says policy exit discussion should be ‘orderly’


(FILES) This file photo taken on July 05, 2016 shows Yves Mersch, Member of the Executive Board of the European Central Bank, ECB posing with the back then new 50 EURO banknote at the ECB in Frankfurt am Main, central Germany.Officially concerned only with monetary policy, central bankers the world over are weighing in on political debates as fears of economic damage from protectionism mount.Protectionism will only lead to a loss of prosperity for all, warned European Central Bank board member Yves Mersch. / AFP PHOTO / DANIEL ROLAND / TO GO WITH AFP STORY BY Benoit TOUSSAINT, Tom BARFIELD

ROME: When the European Central Bank (ECB) decides to review plans for withdrawing its unprecedented stimulus, it should do so in an “orderly” fashion, executive board member Yves Mersch (pic) said.

“It is always better to have an orderly discussion based on thorough studies,” Mersch said in an interview with Bloomberg Television in Cernobbio, Italy, on Friday. “Maybe it will be more efficient than to just have it through expressing personal preferences.”

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Business , ECB , policy

   

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