ECB Warns Against Fueling Undue Expectations on Stimulus

August 18, 2016 11:47 AM

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European Central Bank officials “widely” agreed that their immediate reaction to the outcome of the U.K.’s referendum shouldn’t fuel excessive speculation about more stimulus.

“The view was widely shared that the Governing Council needed to reiterate its capacity and readiness to act, if warranted, to achieve its objective, using all the instruments available within its mandate, while not fostering undue expectations about the future course of monetary policy,” according ...

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