Bosomworth Says ECB Will Not Specify Tapering End Date

The transcript discusses the European Central Bank's (ECB) approach to maintaining policy flexibility by not specifying an end date for its current measures. It explores the consensus on reducing asset purchases from 60 to 30 billion and the potential for a faster exit strategy due to strong global growth. The discussion also touches on the Phillips curve and the importance of setting a clear exit path before leadership changes in the ECB.

In what ways could the ECB accelerate its exit from current policies?

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What factors should the ECB consider before Draghi retires in October 2019?

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