- Economic growth is subdued ‘to say the least’
- Inflation risks are well contained, sees no significant risks
- OMT annoucement helped lower yields, spreads
- OMT comes with strict conditionality
- OMT totally legitimate and legal
- All euro nations should stay in currency bloc
- Latest developments suggest no nation will exit
- Sees synergies between central banking, supervision
- Need to separate monetary policy from supervision
- If and when conditions change , we will change policy
- ECB never pre-commits on monetary policy, policy already very accommodative
Bloomberg headlines
