Still no end in sight for ECB stimulus
Statements from rate setters on Thursday signaled continued caution
European Central Bank policymakers gave no sign at a Thursday meeting that they were ready to start reigning in stimulus just yet, reports Reuters.
Despite the continued rebound in inflation and economic growth, comments from rate setters indicated that no major changes will come at the upcoming June 8 meeting, other than a possible tweaking of the policy message that reflects the improving economic outlook.
Both German and Lithuanian central bank chiefs Jens Weidmann and Vita Vasiliauskas expressed support for reducing the stimulus if interest rates stabilized at the target rate of 2%.