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

Share: Feed news

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended content

Editors’ Picks

AUD/USD stays defensive below 0.6500 ahead of Fed

AUD/USD stays defensive below 0.6500 ahead of Fed

AUD/USD is on the back foot below 0.6500, consolidating the previous decline early Wednesday. China's holiday-led thin conditions and pre-Fed policy decision caution trading leave Aussie traders on the edge. 

AUD/USD News

USD/JPY holds higher ground near 158.00, Fed in focus

USD/JPY holds higher ground near 158.00, Fed in focus

USD/JPY holds the rebound near 158.00 in Asian trading on Wednesday. The US Dollar remains on the bid amid a risk-off market environment, underpinning the major. The interest rate differential between Japan and the US is likely to maintain a bullish pressure on the pair ahead of the Fed decision. 

USD/JPY News

Gold pullbacks on rising US yields, buoyant US Dollar as inflation heats up

Gold pullbacks on rising US yields, buoyant US Dollar as inflation heats up

Gold prices drop below the $2,300 threshold on Tuesday as data from the United States show that employment costs are rising, thus putting upward pressure on inflation. XAU/USD trades at $2,296 amid rising US Treasury bond yields and a stronger US Dollar. 

Gold News

Bitcoin price dips into $60K range as spot traders flock to Coinbase Lightning Network

Bitcoin price dips into $60K range as spot traders flock to Coinbase Lightning Network

Bitcoin price slid lower on Tuesday during the opening hours of the New York session, dipping its toes into a crucial chart area. It comes as markets continue to digest the performance of Hong exchange-traded funds after their first day of issuance.

Read more

Federal Reserve meeting preview: The stock market expects the worst

Federal Reserve meeting preview: The stock market expects the worst

US stocks are a sea of red on Tuesday as a mixture of fundamental data and jitters ahead of the Fed meeting knock risk sentiment. The economic backdrop to this meeting is not ideal for stock market bulls. 

Read more

Forex MAJORS

Cryptocurrencies

Signatures