ECB’s Lautenschlaeger: Does not see the ECB embarking on bond-buying in the near future

European Central Bank executive board member Sabine Lautenschlaeger speaking to German newspaper Frankfurter Allgemeine Sonntagszeitung:

• “I absolutely do not see the purchase of government bonds on the horizon”

She said a large-scale purchase of bonds would only be an option if the ECB faced extraordinary risks: “I really don’t see that right now”.

Repeated that she was “rather critical” of the ECB’s Outright Monetary Transaction (OMT) programme (launched in September 2012 and yet to be used)

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via Reuters