The member of the Governing Council of the European Central Bank (ECB), Mario RyeHe stated on Monday that there is a great determination to face the risk of fragmentation.
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The anti-fragmentation instruments will only be used when necessarybut I hope they are not used.
We are talking about instruments (against fragmentation) that allow to bring discipline to the market that does not seem to exist when spreads go beyond savings fundamentals.
Dimension and solidarity must go hand in hand at all times in Europe, they must be coordinated.
In no way is the euro at risk.
The natural interest rate is an indicator, the normalization of monetary policy will be done gradually; Our obligation is, with the instruments we have and those we can create, to create the conditions so that the 2% inflation target can be achieved.
Earlier, ECB Policy Officer Yannis Stournaras said they must continue to focus on medium-term inflation targets.
Source: Fx Street
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