Additional comments from European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau continue to cross the wires, with key quotes, via Reuters, found below.
- ECB to make decision on TLTROs in due time.
- We should look at whole spectrum of possible tools, including various forms of TLTRO, to decide on recalibration of conditions and maturities.
- If we had to use negative rates for a longer period than expected, we should study pragmatically how to contain possible adverse effects.