ECB's Villeroy Shows Hesitance on a Fresh Round of QE

The video discusses the cautious approach towards restarting quantitative easing (QE) by the European Central Bank (ECB). It highlights the hawkish sentiments of several ECB members and the significance of Villeroi's comments, who remains open to QE but emphasizes technical concerns. The focus is on inflation expectations and market yields, which are best addressed through forward guidance and official rates.

What stance does Spain have regarding the use of policy tools by the ECB?

How do inflation expectations and short-term market yields relate to the ECB's goals?