From the weekend: In an interview published on Sunday in the German newspaper Euro am Sonntag, Bundesbank board member Joachim Nagel said there is no asset price bubble building for the time being and investors know current low interest rates are an exceptional situation that will not last.
The report on his remarks said “Nagel declined to comment on this month’s credit easing by the ECB but said that the Bundesbank has pointed out that the ample liquidity currently in the market is not without risks for financial stability”.
More here at Reuters
