ECB’s Schnabel: Not adjusting monetary policy in any way in response to German court ruling

In an interview with the Financial Times (FT),  Isabel Schnabel, Member of the Executive Board at European Central Bank (ECB), said dismissed the implications of the German court ruling against the central bank’s asset purchases program (QE).

Key quotes

"We are not adjusting our monetary policy in any way in response to this ruling." 

The court ruling “does not directly affect us and instead was likely to be dealt with by the Bundesbank.”