ECB’s Nagel: Would Caution Against Using Monetary Policy Instruments to Limit Risk Premia
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Monday made clear that he regards with great scepticism the possible addition to the ECB’s arsenal of an instrument to prevent fragmentation, and identified various conditions for the set-up and deployment of such an instrument.
4 July 2022 | Central Bank News