ECB Stimulus Is Working, Council Members Say Before Meeting

  • Vasiliauskas, Nowotny see unconventional steps having impact
  • Nowotny sees energy-stripping core CPI `more in equilibrium'

The European Central Bank’s quantitative easing program is working out for the euro area, and the main signals that may lead to future adjustments will be inflationary expectations, Lithuanian Governing Council member Vitas Vasiliauskas said.

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