ECB’s Coeure: ECB will continue to adjust its instruments both qualitatively and quantitatively

In an interview with Le Monde and La Stampa, ECB executive board member Benoit Coeure, spoke on the monetary program, Brexit issue and Eurozone economic outlook.

Key Headlines:

Would be unwise to let our guard down, because this recovery is of a cyclical nature –

The recovery has finally arrived

There is no disagreement over the current monetary policy stance within ECB

Needed, the governing council will continue to adjust its instruments both qualitatively and quantitatively

Brexit impact is less significant for Euro area than UK