Member of the ECB: The decision of tapering has been delayed but is inevitable

14 Sep 2017 12:41 PM

Jazbec, governor of the Central Bank of Slovenia and member of the Board of Governors of ECB, made the following statement:

  • The decision to tapering has been delayed but will be implemented.
  • The ECB is still watching macroeconomic developments that are moving as clearly as we expected.
  • The strength of the euro reflects the strength of the eurozone economy.
  • We explore ways to support our measures.
  • Need more data to confirm that what the ECB is doing is in line with its mandate.
  • The ECB's monetary policy should be understood as a package of instruments.

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