"What I would advocate is a somewhat broader recalibration," Hansson, referring to having discussion outside simply rolling back asset purchases. "There’s various refinancing operations and the details of forward guidance could be more precise about interest rates," Chicago-born, Harvard-educated Hansson said. Newsletter Sign Up Continue reading the main story Please verify you're not a robot by clicking the box. BALANCE SHEETMarkets expect the ECB to cut its asset purchases by a third from January but Hansson warned against a binary focus on monthly flows. "There is a discussion whether you should err on one side or the other," Hansson said.

Source: New York Times September 18, 2017 09:30 UTC