Lane: ECB well away from bond-buying limits
The executive board member who proposed the stimulus measures unveiled last week has signalled that there is no imminent danger of reaching buffers previously set by officials
The European Central Bank (ECB) has the scope to buy bondsas part of its monetary stimulus for quite a while before hitting self-imposed limits, according toits chief economist, the former Central Bank governor Philip Lane.
The ECB executive board member who proposed the decision unveiled last week signalled on Monday that there was no imminent danger of reaching buffers previously set by officials to ensure quantitative easing can’t resemble monetary financing.
“Based on ...
