ECB’s Nowotny: ECB rate rise won't be realistic prospect until 2019

Additional comments from the ECB policymaker Nowotny via ORF Radio are found below.

Some ECB colleagues believe there's a danger that the costs of the expansive monetary policy are slowly outweighing the benefits.

All world CBs believe rates can only rise after bond buys end, therefore ECB rate rise won't be realistic prospect until 2019.