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ECB officials pave way for gradual policy tightening

Reuters  |  FRANKFURT 

By Francesco Canepa and Balazs KoranyiFRANKFURT (Reuters) - Six European Central Bank policymakers prepared the ground on Monday for a gradual roll-back of the ECB's aggressive monetary stimulus, in light of stronger economic growth in the euro zone.After 2-1/2 years of unprecedented money printing, the ECB is preparing to dial back its 2.3 trillion euros bond-buying programme, which has helped boost growth in the euro zone but is also blamed for creating real estate and financial bubbles.ECB board directors Sabine Lautenschlaeger, Yves Mersch and Benoit Coeure, and the central bank governors ...

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First Published: Mon, September 11 2017. 19:23 IST
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