- Our balance sheet should only be as large as necessary to ensure sufficient liquidity
- Balance sheet will not return to levels from before the financial crisis
EUR/USD is up 21 pips to 1.0780 today.
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ECB's Schnabel: Banks might want to hold much higher liquidity buffers than in the past
ECB's Schnabel: Banks might want to hold much higher liquidity buffers than in the past
- Comments from Schnabel
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