Comments from European Central Bank executive board member and chief economist Peter Praet

From an interview with Expansión, a Spanish economic and business newspaper, via the Bloomberg

  • Rates can't be redueced indefinetaly
  • Interest rates remain part of a broader toolbox
  • New TLTROS to be more favourable
  • Germany should be bolder in completing banking union
  • Expansion of negative rates have been effective
  • Says that the ECB should not be taking of new instruments
  • ECM must focus on implementing recent decisions
  • Helicopter money not on the table, not even informally

The bearded one