ECB's Praet, Weidmann don't rule out tiering rates

I posted earlier on weekend comments regard possible rate tier policy from the European Central Bank:

• Weekend - ECB's Vitas Vasiliauskas - 'not very enthusiastic about possible tiering'

ECB Chief Economist Peter Praet and Bundesbank president Jens Weidmann spoke also over the weekend, with tentative support.

Praet;

• Tiering can "mitigate some of the negative consequences of some policy you have in place"
• But it isn't a policy "instrument" in itself.

Lukewarm support from both, but neither ruled it out,

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Praet