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