In particular sectors where price misalignments may become extremely severe, the reduction of the build-up of risks is pursued through the use of specific sectoral constraints. To limit funding risks, the recourse to new liquidity tools is recommended.
Ms Kilp graduated from Liebig University in Giessen with a Diploma in Economics, and after gathering several years of experience in the academic world, joined the Deutsche Bundesbank in 2004. Since then, Ms Kilp has been an expert in the Bundesbank’s Directorate General Financial Stability, where she was in charge of policy issues regarding the International Monetary Fund (IMF).