More on comments from Hansson on more (or not) ECB stimulus

Mike had the headlines on comments from Estonian central bank chief and member of the Executive Board of the European Central Bank Ardo Hansson

More detail via DJ newswires.

• "We are still in the initial phase of the program
• It is too early to start "dealing with the issue" of extending it as it has been under way for only six months
• "Everything is possible ... The evolution of these programs depends on developments in inflation. If changes in the inflation rate should be faster or slower, this has an influence"

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Similar remarks were made earlier this week by Member of the Executive Board and Vice Chair of Supervisory Board of the ECB Sabine Lautenschläger:

• "it is too early to speak about concrete measures of broadening QE"

And also those of Bank of Finland Governor Erkki Liikanen who said QE can be expanded if needed to ensure that inflation doesn't stay too weak for too long