ECB's Visco: We Never Talked About Tapering

The transcript features an interview with the Governor of Bank Italia discussing the ECB's monetary policy, particularly focusing on tapering and quantitative easing (QE). The conversation covers the ECB's stance on tapering, interest rates, inflation projections, and the impact of negative rates on banks. It also delves into the challenges faced by European banks, including the legacy of the financial crisis and the sovereign debt crisis. The governor emphasizes the importance of monitoring inflation expectations and the role of banks in financing the economy.

What is the governor's perspective on the profitability of banks in relation to negative rates?

What are the implications of low growth on the banking sector as discussed by the governor?

How does the governor of Bank Italia assess the current state of Italian banks?