“What unrest?” intimates the silver tongued wizard
- Sees two contingencies for further action
- First contingency is decision that current action is not enough if price outlook deteriorates
- Second contingency is if inflation expectations worsen
- Plenty of people have always been involved in preparation of measures (on question of mentioning tasked people/committees mean new measures will be used)
- Composition of balance sheet especially important
Again he’s been forced into the argument on the size of the balance sheet (one of the accusations leveled at him by the Reuters story). He’ says he’s not back tracked and quoted his comments to EU parliament on mentioning only moving the ballance sheet to 2012 levels
