ECB’s Nowotny: We will discuss tapering at July, Sept meetings

Bloomberg quoting additional headlines from the ECB governing council member Ewald Nowotny, as he continues to speak on the monetary policy program in Vienna.

Key Headlines:

I expect we will discuss future of APP past end of this year at July, Sept meetings

I expect there will be some tapering after year-end

ECB guidance has leeway to follow economy developments

Much uncertainty over inflation, the fear is it will fall rather than rise

GBP, between a coalition government and Brexit – Danske Bank

Allan von Mehren, Chief Analyst at Danske Bank, assessed the potential scenario following the UK’s general elections. Key Quotes “The prospect of a
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Theresa May to visit the Queen at 11.30 GMT to seek permission to form a Govt

Sky News quoting a Downing Street spokesman, citing that Theresa May will visit Buckingham Palace at 12.30pm London Time/ 11.30 GMT to seek permission
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