ECB Governing Council member Peter Kazimir said yesterday that he was leaning toward “action, doing something” at the September meeting. Though, he also emphasized that “we need to take steps that are credible in the eyes of the market.” And, “credibility also means broad unity and agreement on the measures.”
Kazimir also noted that there are no limits on what ECB could pick from its toolbox. However, economic outlook differs across Eurozone. Thus, finding a consensus for the whole are is important. And he preferred “the broadest agreement”.
