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MNI exclusive Interview with ECB council........>

ECB
MNI (London)
ECB: MNI exclusive Interview with ECB council member Ardo Hansson
-APP can be phased out if econ evolves as expected
-APP options 'should be open on both sides'
-Should revisit APP if unexpected inflation change
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ECB Hansson, in an exclusive interview with MNI, said the central bank may end
its asset purchase program in Sept next year given the ongoing solid economic
developments, saying a reduction of the bond buys to zero "has to be one of the
options, that is on the table". Hansson also said the ECB should be prepared to
amend or adjust the APP and "the options should be open on both sides". With
regard to the composition of the bond buys, Hansson said he was always sceptical
on the purchases of govt bonds and more a "fan" of corporate bonds. At the same
time, Hansson doesn't see a pressing problem due to the scarcity of assets
available on the markets. This is "not an issue right now", he said. Full
interview on MNI Mainwire
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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