ECB Needs to Act on Bond Purchase Plan, Ryding Says

Play

Aug. 2 (Bloomberg) -- John Ryding, chief economist and co-founder of RDQ Economics, talks about European Central Bank monetary policy. ECB President Mario Draghi signaled the central bank intends to join forces with governments to buy bonds in sufficient quantities to ease the region’s debt crisis, while conceding that Germany’s Bundesbank has reservations about the plan. Ryding speaks with Betty Liu and Michael McKee on Bloomberg Television’s “In the Loop.” (Source: Bloomberg)