TALLINN, April 19 The European Central Bank
still needs more hard economic data before considering any
specific change in policy, Governing Council member and Estonian
central bank chief Ardo Hansson said on Wednesday.
Speaking on the sidelines of a news conference, Hansson said
the key issue was how the ECB itself saw the sequence of its
next steps and how it communicated any change in the assessment
of its outlook.
The ECB slightly tweaked its guidance last month but most
analysts see no further change in the bank's stance until June,
when it also presents a new set of economic projections.
The ECB, which reduced the volume of its asset purchases by
a quarter this month, plans to buy 60 billion euros worth of
bonds per month until the end of this year to keep borrowing
costs down and boost economic growth.
(Reporting by David Mardiste; Editing by Balazs Koranyi and