- but still faces challenges
- need to secure recovery
- price stability mandate works in both directions
Not sure if this is a warm up for his 09.30 performance
Add 09.03: Would appear its the main event.. Here’s some more
- interest rates are low because economy is weak
- by end-jan expect to announce key parameters of stress test exercise together with EBA
- supports implementing bail-in tool well before 2018
- need clear backstops at national and EU level to ensure credibility of bank tests
