- but views differ on how to achieve that
- to achieve price stability needs expansive monetary policy
- ECB ready to buy govt bonds
- ECB not there to give advantages to one country or another
- options to fight deflation are limited
- Germany should understand that ECB has pan-European mandate
ECB president quoted on Rtrs from interview with Die Zeit and seemingly still trying to clear the way for QE next week
- will continue in his present job, not a candidate for Italian presidency
EURUSD lower again at 1.1791
Update: ECB’s Visco says they should counter deflation risk with major asset purchases
Draghi – ECB all agreed on meeting mandate but how?
