European Central Bank Governing Council Member Erkki Liikanen: there is a risk of bubbles in financial markets

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28 abril 2015

European Central Bank Governing Council Member Erkki Liikanen: there is a risk of bubbles in financial markets

The European Central Bank Governing Council Member and the governor of Finland's central bank Erkki Liikanen said on Sunday that if interest rates remain low for a long period, there is a risk of bubbles in financial markets.

He pointed out that central banks should set regulatory and supervisory rules to avoid risks.

Liikanen noted that there is no need for a debate on whether the ECB should reduce its asset purchases.

United Kingdom: GDP, q/q, Quarter I 0.3% (forecast 0.7%)

France: Consumer confidence , April 94 (forecast 91.15)

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