Home ECB’s Lane: ECB retains the option of future rate cuts if needed

ECB’s Lane: ECB retains the option of future rate cuts if needed

Updated: 13 Mar. 2020 | 09:47

ECB’s Chief Economist, Philip Lane was out with some comments in the last hour saying that the central bank stands ready to do more, adjust all the instruments and retains the option of future rate cuts if needed.

The ECB won’t tolerate risks to monetary policy transmission and assumes virus shock will ultimately be temporary in duration, Lane added further.

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