ECB’s Visco: ECB will find solutions if bond shortages emerge
|In a Bloomberg interview after a meeting of G-20 finance chiefs in China over the weekend, ECB Governing Council member Ignazio Visco noted that the Central bank hasn’t encountered problem in implementing QE yet.
Key Quotes:
Policy makers have “no evidence” that there is a shortage of government bonds that may jeopardize the completion of a 1.7 trillion-euro ($1.9 trillion) quantitative easing program
We have not seen problems so far. If we find problems, we will find solutions
Obviously we have to understand what will be our assessment of the developments both in the price and quantities in the next months
Then, we will have a very normal discussion
Officials have the ability of using all our tools to reach our objective
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