Ignazio Visco Says ECB Will `Certainly' Act to Support Growth if Needed

The transcript discusses the monetary policies of the Federal Reserve and the European Central Bank (ECB), focusing on potential rate cuts and bond purchases. It highlights the ECB's commitment to maintaining low interest rates to support economic stability and the revival of demand and inflation. The impact of global uncertainties, such as the US-China trade war, on these policies is also examined. Additionally, the need for complementary fiscal and structural policies across different countries is emphasized to ensure economic resilience.

What did Mario Draghi suggest as potential measures for economic stimulus?

• Rate cuts and bond purchases

• Increasing taxes

• Raising interest rates

• Reducing government spending

How does the ECB's objective relate to inflation and demand?

• They go hand in hand

• They are unrelated

• They are opposing goals

• They are mutually exclusive

What is the ECB's stance on maintaining stimulus amid the US-China trade war?

• Reduce stimulus

• Maintain current levels

• Increase taxes

• Cut all stimulus

What additional policies does the ECB call for to complement its monetary stance?

• Fiscal and structural policies

• Environmental policies

• Only monetary policies

• Trade policies

What action is suggested for countries with fiscal space?

• Help with fiscal policies

• Cut interest rates

• Reduce taxes

• Increase public expenditures