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ECB needs more evidence before deciding to cut stimulus, Jazbec says

Reuters  |  LJUBLJANA 

By Francesco Canepa and Marja NovakLJUBLJANA (Reuters) - European Central Bank policymakers need more economic evidence before they decide whether and how to reduce their monetary stimulus programme, ECB rate-setter Bostjan Jazbec said on Thursday.After buying more than 2 trillion euros ($2.38 trillion)worth of bonds since 2015, the ECB is expected to announce next month it will slow the pace of its purchases, since economic growth is accelerating and inflation is stable, albeit sluggish.Slovenian governor Jazbec highlighted the euro zone's positive economic performance and said a decision ...

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First Published: Thu, September 14 2017. 16:22 IST