European Central Bank governing council member Luc Coene said in a La Libre Belgique interview published on Saturday:

  • ECB should start buying government bonds to tackle poor investor confidence and low inflation in the euro zone
  • Said the bank had already waited too long

Report via Reuters

–

Coene says corp buying is a current discussion

Coene would appear to be further laying the groundwork for ECB QE in the new year (January 22 is the expected date). Mike had more on this theme earlier in the weekend: ECB’s Constancio sees negative Eurozone inflation rate in the coming months