Draghi seen opting for faster QE exit if French hurdle cleared

ECB President Mario Draghi said after the September meeting the bank would look at ways to ensure the bond purchases could carry on smoothly.

NEW YORK: Mario Draghi may be willing to take a faster route to monetary-policy normalisation than economists previously thought.

While no changes to interest rates or asset purchases are expected at Thursday’s meeting, most respondents in a Bloomberg survey now say the European Central Bank (ECB) president will revise forward guidance as early as June, six months sooner than in an earlier poll.