ECB’s Visco: ECB will find solutions if bond shortages emerge

In a Bloomberg interview after a meeting of G-20 finance chiefs in China over the weekend, ECB Governing Council member Ignazio Visco noted that the Central bank hasn’t encountered problem in implementing QE yet.

Key Quotes:

Policy makers have “no evidence” that there is a shortage of government bonds that may jeopardize the completion of a 1.7 trillion-euro ($1.9 trillion) quantitative easing program

We have not seen problems so far. If we find problems, we will find solutions

Obviously we have to understand what will be our assessment of the developments both in the price and quantities in the next months

Then, we will have a very normal discussion

Officials have the ability of using all our tools to reach our objective