ECB’s Nowotny Sees Monetary Policy ‘Normalization’, ORF Reports
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European Central Bank council member Ewald Nowotny said he expects a “normalization” in the bank’s monetary policy regarding interest rates and liquidity measures, ORF Austrian Television said today.
“Nothing will change in terms of our original outlook that we want to go in the direction of normalization,” Nowotny, who’s also the head of the Austrian National Bank, told ORF in an interview today.