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ECB Officials Inch Toward the Day They Discuss Stimulus Exit

  • Praet, Coeure stress commitment to ECB stimulus and guidance
  • Officials put forward differing views on balance of risks
Benoit Coeure.

Benoit Coeure.

Photographer: Jason Alden/Bloomberg
Updated on

European Central Bank officials signaled that they’re getting close to the point when they’ll start preparing for the end of an era of unprecedented stimulus.

In the last round of speeches before a week-long quiet period ahead of the next policy meeting, Executive Board members Benoit Coeure and Peter Praet agreed that the euro-area recovery has become broad-based, while diverging on whether the risks to that outlook are still skewed to the downside.