Vasiliauskas says that QE can remain for quite a long time even after the coronavirus crisis

The quantitative easing (QE) program could probably hold for longer even after the coronavirus crisis comes to an endsaid on Tuesday the member of the Governing Council of the European Central Bank (ECB), Vitas Vasiliauskas.

Additional comments:

“It is not necessary to change the current PEPP purchasing route.”

Too much stimulus is less risky than too little“.

He does not think the ECB can afford to make drastic changes in monetary policy“.

“It would be better to live longer in the transition situation.”

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