ECB’s Nowotny sees a clear possibility to reduce stimulus after September

Reuters reports comments from the European Central Bank (ECB) Governing Council member Ewald Nowotny, with the key headlines found below.

Should reduce asset purchases gradually.

Will be able to reduce asset purchases significantly "if things continue as they are".

Important not to make any abrupt changes to policy.

Must decide on next steps in asset purchases by summer.

Sees a clear possibility to reduce stimulus after September.

Must be careful not to be behind the curve.