At least for the moment…but ECB’s keeping a close eye out for any signs of instability
- ECB’s goal remains one of medium-term stability
- Won’t withdraw liquidity in the near future , but has the tools available to do so if needed
- Future debt certificate issuance is an option if ECB withdraws huge funds in a short time span
- Monetary policy shouldn’t be dominated by bank supervision
- There should be a clear separation between the two functions
- Not currently engaged in any negotiations with any governments in the eurozone on conditions for bond-buying
