Economics

ECB’s Nowotny Cautions Against New Asset Purchases, Profil Says

Lock
This article is for subscribers only.

Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.

Outgoing European Central Bank Governing Council member Ewald Nowotny argued against resuming asset purchases, saying he doubts more monetary stimulus will be able to deliver a significant boost to the euro-area economy.