German economics institute says ECB should prepare exit from ultra-loose policy

German economics institute out with latest thoughts 28 Sept

  • especially from its unconventional measures
  • ECB in short-term should announce tapering of bond-buying programme from beginning of next year if economic conditions remain favourable

Also out with some forecasts:

  • 2017 GDP raised to 1.9%
  • 2% in 2018
  • 1.8% 2019
  • CPI down to 1.7% in 2017 vs 1.8% prev f/c
  • 2018 1.7% as prev
  • 2019 1.8%

                              ECB facing more calls for tapering announcement

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