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ECB’s Vasiliauskas: Do not see any need for continuing QE beyond December

The European Central Bank (ECB) Governing Council member Vitas Vasiliauskas was on the wires last minutes, via Reuters, citing:

Could think about further policy steps in autumn of 2019.

Expects upward movement of core inflation over the medium-term.

Does not see any need for continuing QE beyond December.

Optimistic about economic growth, but sees the possibility of downside risks.

Trade conflicts could turn the current balance of risks to the negative side.

QE has limits, but ECB has other tools including long-term loans.

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