Posts Tagged ‘Constancio’
Central banks should stick to money markets in normal times (leave bond markets alone)
Should use unconventional measures in times of both boon and bust.
Categories: Central Banks
Non-standard measures (refis at full allotment, sterilized bond buying..) are fully consistent with price stability.
Tougher sanctions needed for fiscal rule-breakers
Countries with large deficits face a period of low demand
Lower for longer in the euro area as well, sounds like…
Categories: Central Banks
Only wire headline so far. Will be interested to see context of comment. EUR/USD having reached 1.3408 back at 1.3395.
EDIT: Constancio told reporters “As I said during my hearing in European parliament, I think the IMF is not necessary and should not have a role.”
Categories: Central Banks
