Cœuré says ECB's non-standard monetary measures targeted at financial fragmentation
In a speech addressing the often unprecedented policy moves taken by the European Central Bank (ECB) since the onset of the financial crisis on Wednesday, ECB executive board member Benoît Cœuré said such measures "were ultimately inspired by the goal of averting the risk of more severe consequences of the financial crisis on the macroeconomy and, ultimately, on price stability".
Cœuré added that the ECB measures were designed to tackle the "peculiar euro area phenomenon of ‘financial
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com