Economy Stay patient with ECB policy: Hansson

Stay patient with ECB policy: Hansson

Ardo Hansson
Ardo Hansson Governing Council member

The European Central Bank needs to maintain an accommodative monetary policy stance but patience with its policies is warranted, Governing Council member Ardo Hansson said on Friday.

The deflationary impact of falling commodity prices will likely weaken in the period ahead and a wide range of ECB measures are still in the pipeline, yet to work their way through to the real economy, Hansson told a conference.

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