2  BIS central bankers’ speeches  and among firms where bank lending constraints are lowest. As the ECB has argued on several occasions7, this is one reason why we need to urgently focus on creating the legal and regulatory framework for a genuine single market in capital in Europe.
I believe the diversity of opinion around the FOMC table is one of its great strengths and serves to improve the quality of our decision-making. As the famous American journalist Walter Lippmann once said, “Where all men think alike, no one thinks very much”.