Benefits of quantitative easing outweigh possible risks - ECB's Constancio

Reuters

Updated 27 February 2015 at 2:30 pm

NEW YORK (Reuters) - The economic and social benefits of a bond-buying programme will outweigh any possible financial risks, the European Central Bank's vice president told a forum of top central bankers on Friday.

Vitor Constancio, speaking in New York, said the possible risks associated with the so-called quantitative easing programme are not likely to come about. He added that macro-prudential tools that regulate financial firms should go a long way to dealing with any risks in the sector.

The ECB is set to launch QE in March.

(Reporting by Jonathan Spicer; Editing by Chizu Nomiyama)

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