ECB governing council considers if rates can rise before QE ends
Frankfurt
EUROPEAN Central Bank policy makers considered the question of whether interest rates could rise before their bond-buying programme comes to an end, according to people familiar with the matter.
Governing Council members meeting on March 9 exchanged views on ways of communicating and sequencing an exit from unconventional stimulus, euro-area central-bank officials said, asking not to be identified because the deliberations were private. The council didn't discuss any specific scenario or timeline and hasn't made any formal decisions on a strategy. An ECB spokesman declined to comment.
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