The ECB has published the text of Coeure's weekend comments in an interview
- Starting to reduce asset purchases is an important first step towards normalisation
- Financial sector should prepare for a possible no-deal Brexit outcome
- Hopes there will be an agreement to ensure an orderly Brexit
- Ample monetary stimulus will remain needed to support sustained convergence of inflation towards ECB aim of below, but close to 2%
Eamonn had the earlier notes on that here. So, these are just additional comments from what I can see from the full text. Nothing new really from Coeure as the central bank continues with their recent rhetoric of a slightly optimistic inflation outlook and that they're still not going to tighten policy until "through the summer of 2019".
The media release can be found here, if you're interested.
