ECB’s de Guindos: Non-bank financial sector has remained largely stable

European Central Bank (ECB) Vice President Luis de Guindos said on Tuesday, “the non-bank financial sector has remained largely stable in recent months, despite the stress in the banking sector that emerged in March.”

Additional comments

“Structural vulnerabilities from liquidity mismatches and leverage remain elevated.”

“More afraid of conflict between monetary and fiscal policy than about financial instability.”

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