“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/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
U.S. House approves sweeping $633 billion defense spending bill
Worldwide unemployment hits new high
Ayahuasca-drinking shamans in Peru give Obama the win
Cowboy-style cap gun gets 5-year-old ousted from school in Calvert County
The Inevitable Decline of Retail
How should you protect yourself from cyber surveillance?
Cyprus Central Bank says Bitcoin is not illegal
First Bitcoin Hedge Fund Launches From Malta
Hagel and Kerry make case to Congress for attacking Syria
Bitcoin beginning to go mainstream
San Francisco requires licensing, insurance for dog walkers
Irish man facing U.S. extradition for hosting largest child porn network on the planet
Credit card firm cuts off nation's No. 1 gun store --- for selling guns
Vicco to consider paying police chief in Bitcoin
IBM Cutting Jobs In U.S. And Globally