ECB's Constancio: Bank's board holds wide consensus on monetary policy - Reuters

Vitor Constancio, The vice president of the European Central Bank, crossed the wires, via Reuters, saying that the bank's accommodative monetary policy had a wide consensus within the board and that it will stay as it is until the economic situation changes.

Key quotes (via Reuters)

  • There are of course sometimes different nuances, but they are not about the direction of the policies
  • The ECB is "data dependent"
  • If the situation shows signs of further improvement, then we will reassess our policy stance

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