• ECB's Draghi: “Monetary policy can not do everything. We are targeting funding constraints among banks”

Notícias do Mercado

19 dezembro 2011

ECB's Draghi: “Monetary policy can not do everything. We are targeting funding constraints among banks”

  • Need a firewall big enough to fight temporary instability

  • EFSF bank license would be effort to circumvent the EU treaty

  • ECB's monetary policy is accommodative

  • Refinancing needs mean bond market pressure is unprecendented

  • ECB does not have FX objective, not in our mandate

O foco de mercado
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