ECB’s Nowotny Sees No Effect on Policy From Japan, Welt Reports

European Central Bank Governing Board Council member Ewald Nowotny doesn’t expect the Japanese earthquake to alter the ECB's monetary policy, Die Welt reported, citing an interview.

“I don’t personally see a fundamental change in the situation we analyzed at our last meeting,” the newspaper quoted Nowotny as saying in a preview of an interview to be published tomorrow. “But naturally we must work out our analysis still more carefully in the event of new findings.”