Monetary policy in the developed world remains accommodative, policy rates are still close to zero and quantitative easing remains a feature of some of the advanced economies. As with any crisis, there are always lessons to be learned.
Yves Mersch: Introductory statement on TARGET2-Securities (T2S) before the Committee on Economic and Monetary Affairs (ECON) Speech by Mr Yves Mersch, Member of the Executive Board of the European Central Bank, at the Public Hearing on TARGET2-Securities (T2S) before the Committee on Economic and Monetary Affairs (ECON) of the European Parliament, Brussels, 16 June 2015.