• European Central Bank Governing Council member Ignazio Visco: the ECB’s credibility is at stake if the ECB fails to reach its inflation target

Market news

7 April 2016

European Central Bank Governing Council member Ignazio Visco: the ECB’s credibility is at stake if the ECB fails to reach its inflation target

The European Central Bank (ECB) Governing Council member Ignazio Visco said on Thursday that the central bank's credibility was at stake if the central bank failed to reach its inflation target. He pointed out that helicopter money was risky from a legal and practical point of view, adding that the ECB did not discussed the introduction of helicopter money.

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