“European Central Bank Governing Council member Christian Noyer, who previously said that only ‘extreme circumstances’ warranted such purchases, added that the ECB could also consider intervening on the corporate bond market if conditions did not require purchases of government debt. ECB President Mario Draghi has announced the unanimous determination of the bank’s policy-setting council to take further unconventional measures if necessary to combat falling inflation. Noyer said that he did not consider deflation a ‘credible risk’. ‘The risk is mainly from inflation that is too low, for too long,’ he said.”
https://au.news.yahoo.com/world/a/25513118/ecbs-noyer-no-problem-buying-government-bonds-if-needed/
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