ECB Makhlouf: Rate cut not the best tool to use in the current circumstances

ECB Makhlouf: Rate cut not the best tool to use in the current circumstances

Evidence has not changed that we need to make new decisions

But nothing is off the table, we have a pretty big toolkit

Our view has been that a rate cut is not the best tool to use currently

If economies close up again, not sure it would exactly be as bad as April, May

16 Oct 20 (Fri)

07:56 am



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