ECB's Cipollone: Coverage charges stay major instrument for adjusting the financial coverage

ECBs Cipollone:

• Coverage charges stay our major instrument for adjusting the financial coverage stance
• We must also contemplate the function performed by quantitative tightening in influencing general monetary and financing situations.
• We should always be certain that our charge choices adequately compensate for the tightening induced by the discount of our steadiness sheet.

This text was written by Emma Wang at www.ubaidahsan.com.



Source link