ECB's Mersch Warns of Diminishing Returns in Central Bank ActionBy and
Says ECB's PSPP program has risk that has been mitigated
ECB seeks `optimal speed,' Executive Board member says
Central banks’ extraordinary measures to spur growth may eventually show diminishing returns while a key part of the European Central Bank’s quantitative easing program carries a “certain risk” that has been mitigated, ECB Executive Board member Yves Mersch said.
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