While it is true that traders and investors need to continually evaluate the fundamental drivers of asset prices, the behaviour of market participants should always meet the highest conduct standards. Ensuring and continuously promoting adherence to high standards of ethical conduct is an integral part of contributing to the efficiency, integrity and reputation of our financial markets.
However, economic growth in the euro area is likely to continue to be dampened  BIS central bankers’ speeches  1  by the necessary balance sheet adjustments in a number of sectors and the sluggish pace of implementation of structural reforms.