-
ECB's Lane says buying stocks, bank bonds not part of our current toolbox
ECB'S LANE SAYS IN SUEDDEUTSCHE ZEITUNG BUYING STOCKS, BANK BONDS NOT PART OF OUR CURRENT TOOLBOX
— *Walter Bloomberg (@DeItaone) January 31, 2021
Added at 1:57pm
-
Interview with Süddeutsche Zeitung
Interview with Philip R. Lane, Member of the Executive Board of the ECB, conducted by Markus Zydra on 26 January and published on 1 February 2021 as a shortened version in Süddeutsche Zeitung Mr Lane, the ECB aspires to be closer to the people. Distributing helicopter money would be a good way to go about that. Why does the ECB prefer to channel its support to banks rather than directly to citizens? Is this a taboo topic? Of course we track the academic and the wider debate. But at the ECB we should focus on the policies that we are actually pursuing and the options that are on the table, and not the outer reaches ... (full story)