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ECB says no talk of exiting ultra-easy monetary policy

Published: 03 Jun 2015 - 05:23 pm | Last Updated: 13 Jan 2022 - 01:20 pm


Frankfurt--European Central Bank president Mario Draghi said Wednesday that the ECB is a "long way" from considering phasing out the current ultra-easy monetary conditions in the 19-nation euro area.

Asked whether the ECB was currently considering an "exit strategy" from its raft of unconventional policy measures, Draghi told a news conference: "No. The answer is no. We're really far from that."

AFP