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On the issue of possible inflation risks stemming from OMTs, let me assure you that, from a pure liquidity perspective, OMTs will not inject one euro more into the economy.
But we need continuous efforts, particularly in soliciting prostitution charges the area of financial policies.
In particular, striving towards effective supervisory convergence would play an important role, as the developments of common standards and guidelines will provide a consistent framework for financial supervision and reduce the respective compliance burden for cross-border institutions.
Then, and provided that precedence is respected, the ECB can support the economic policies of the EU on a broader scale.We have made national fiscal policies more responsible under the Fiscal Compact, and subject to stronger surveillance.No matter how much deflation there is however the combined interest is not allowed to go below zero.This set includes important monetary and financial variables which influence the way monetary policy intentions are transmitted to price-setting decisions in the medium term.In the identification of its policy orientation, the ECB bears in mind that an inflation rate too close to zero restrains the conduct of policy in deep recessions and it also filters out a host of factors that distort the measurement of the policy-relevant drift.In providing liquidity to our banking counterparties, we cannot and do not want to subsidise banks that are failing.
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Looking for values of US Savings Bonds?
Under the second approach to non-standard policies, a central bank does not aim to withdraw duration risk from the economy.

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