ECB’s Cœuré says it is time to think about exit from unconventional policies
Central banks around the world will soon have to start thinking about how to exit from unconventional monetary policies employed during the global financial crisis, Benoît Cœuré, a member of the executive board of the European Central Bank (ECB), said today.
At a conference in Geneva, Cœuré said the ECB did not have the problem of exiting from quantitative easing, but would still have to consider when – and whether – to exit from its "full allotment" liquidity provision, which offers banks
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