Remarks by ECB policymaker, Yannis Stournaras
- Too early to shift from PEPP to APP
- Eurozone economy still fragile, no risk of high inflation era
This looks to be more of a lesser view in the ECB with many policymakers already having talked up tapering over the past month or so. Just take this with a pinch of salt as we will be getting a better sense of things with the ECB next meeting on 10 June.