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