ECB’s Nowotny says he agrees with Buba’s Weidmann on how to scale down QE

Livesquawk picking up on comments from Ewald Nowotny in a magazine article

• Agrees with Weidmann that we need to take our foot off the pedal gradually and not slam the brakes on
• Assumes we will start a cautious deceleration at the start of the coming year
• Favour no longer making  purchases of corp bonds of companies that have no difficulty financing themselves

These are similar to comments he’s made recently. They come from an article in Trend magazine.

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Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

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