European Central Bank policymaker Ewald Nowotny said on Saturday he expects inte...
FILE PHOTO: European Central Bank Governing Council member and OeNB Governor Ewald Nowotny addresses a news conference in Vienna, Austria March 28, 2019. REUTERS/Leonhard Foeger
“In the long term, we should strive to have a normalization,” Nowotny said in an interview on Austrian radio. Earlier in the week, ECB President Mario Draghi signaled another round of monetary easing, as the economic outlook dims. Staff at the central bank are being asked to prepare options, opening the door to a possible rate cut and more bond buys by September.
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