Closing spreads is ECB’s “basic task” in crisis, Lane says
It is a basic task for the
European Central Bank to contain spreads between bond yields
issued by different euro zone governments during a crisis when
investors seek shelter in countries they deem safer, the ECB’s
chief economist Philip Lane said on Friday.
European Central Bank to contain spreads between bond yields
issued by different euro zone governments during a crisis when
investors seek shelter in countries they deem safer, the ECB’s
chief economist Philip Lane said on Friday.
Posted by Reuters
