Will the ECB See Evidence for More Stimulus?

The transcript discusses the European Central Bank's (ECB) strategies to tackle inflation in the eurozone, highlighting a newfound urgency. It explores the ECB's options for bond purchasing, including sovereign and corporate bonds, and the potential resistance within the Governing Council. The role of national governments in implementing structural reforms is also examined, emphasizing the slow progress in liberalizing labor markets. Additionally, the transcript analyzes the ECB's long-term lending programs, questioning their effectiveness in increasing lending to European corporations.

What sense of urgency does the ECB need to address regarding inflation?

How is the ECB likely to act in the first quarter of next year?

What are the implications of the ECB being the 'only game in town'?

What role do national governments play in the context of ECB's monetary policy?

What factors could influence the success of the second round of LTR?