ECB bond tools target inflation, not spreads
Statements (4)
- Neutral
Nagel says the ECB must be flexible due to an uncertain inflation path
- Neutral
Joachim Nagel, president of the Bundesbank and ECB council member, said the ECB's bond purchase tools are designed to preserve price stability, not to affect bond spreads
- Neutral
The ECB is focusing on inflation rather than bond spreads according to Nagel
- Neutral
The ECB is focusing on inflation rather than bond spreads according to Nagel