Comments by ECB governing council member, Pablo Hernandez de Cos
- ECB to do 'whatever it takes' to respond to virus impact
- Calls for enhanced cooperation at the European level to mitigate virus impact
- Limits on asset purchases can be relaxed if needed
The ECB is continuing to hammer home the point that their stimulus package this week will pack a big punch and so far the market is respecting that. As for his Draghi comment, doesn't he know that the tagline has changed to 'no limits' instead? ;)