Economics

Italy’s Visco Says ECB Can Front-Load Bond Purchases If Needed

WATCH: Banca D’Italia Governor Ignazio Visco discusses the European Central Bank’s response to the coronavirus.Source: Bloomberg)

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By Francine Lacqua

March 13, 2020 at 10:56 AM UTC

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Italian central bank chief Ignazio Visco said the European Central Bank can front-load its bond purchases if necessary to support any jurisdiction in the euro area.

Visco, an ECB Governing Council member, told Bloomberg Television that policy makers are ready to take more steps if needed to follow up on the stimulus package announced on Thursday.