Sep.02 -- ECB policy makers will decide on Sept. 12 whether to cut interest rates to bolster growth, but some officials are opposed to larger steps such as restarting bond purchases. David Riley, chief investment strategist at BlueBay Asset Management, says that such pushback from the more hawkish policy makers shows that a stimulus package may be imminent. He speaks on "Bloomberg Markets."
ECB Hawks' Pushback Shows Stimulus Is Coming, BlueBay's Riley Says
Sep.02 -- ECB policy makers will decide on Sept. 12 whether to cut interest rates to bolster growth, but some officials are opposed to larger steps such as restarting bond purchases. David Riley, chief investment strategist at BlueBay Asset Management, says that such pushback from the more hawkish policy makers shows that a stimulus package may be imminent. He speaks on "Bloomberg Markets."
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