ECB’s Visco - must act before a dramatic fall in inflation expectations

ECB’s Visco, in a newspaper interview said, there are no taboos on stimulus options and the ECB should act before there is a dramatic fall in inflation expectations.

Key Quotes

Acting pre-emptively and aggressively may mean having to act less

Stock market movements are far from reasonable

No reason ECB could not take bad loans as collateral

Some China fears are exaggerated