ECB is free to adjust its QE framework – ECB’s Mersch

FXStreet (Mumbai) - In an interview with a German daily on Tuesday, European Central Bank’s (ECB) rate-setter Yves Mersch told that the ECB is free to adjust its QE framework if the economy and price growth advances faster than expected.

Key Quotes:

"If we were to see that this process brings us to our goal earlier, then we are naturally not so tied to our decisions that we could not adjust things,"

"In neither direction are we resistant to reality,"

"Should we see that we are overheating then of course it would be appropriate to ask whether we should adjust out plan."