ECB policymakers say can do more if needed

canada goose HELSINKI/BRATISLAVA (Reuters) European canada goose outlet niagara falls Central canada goose outlet store near me Bank policymakers stressed on Tuesday that they could still do more to support the euro zone economy after last week announcing a package of measures to ward off the threat of deflation. canada goose

canada goose uk outlet European Central Bank (ECB) President Mario Draghi addresses a news conference following the ECB Governing Council meeting in Brussels May 8, 2014. REUTERS/Francois Lenoir canada goose uk outlet

canada goose clearance sale The central bank chiefs of Finland and Slovakia, Erkki Liikanen and Jozef Makuch, who both sit on the ECB 24 member canada goose outlet florida Governing Council, said the bank could do more if needed. canada goose clearance sale

canada goose coats Last Thursday, the ECB cut interest rates to record lows, launched a series of measures to pump money into the sluggish euro zone economy, and pledged to do more if canada goose outlet parka needed to fight off the risk of Japan like deflation. canada goose coats

Canada Goose Online is not it yet, canada goose uk Liikanen said at the canada goose jacket outlet uk Bank of Finland quarterly news conference when asked about remaining tools in the ECB kit. have the capacity to act, we can make decisions, this has not changed. Canada Goose Online

In Frankfurt, German Finance Minister Wolfgang Schaeuble said the ECB policy measures were appropriate given low euro zone inflation, but added: ECB should stick no longer than necessary for price stability to their low interest rate policy.

ECB President Mario canada goose outlet in chicago Draghi said after announcing the package last week that aren finished here indicating that so called quantitative canada goose outlet store uk easing (QE) or money printing to canada goose outlet us buy assets is on the table.

Canada Goose Outlet Draghi made canada goose jacket outlet store the comment during the question and answer session of his news conference canada goose uk , not in the statement he read out announcing the measures, on which he said canada goose outlet phone number there was canada goose outlet black friday sale unanimity. Canada Goose Outlet

Canada Goose Jackets Bundesbank chief Jens Weidmann insisted on Friday that would be absurd to already start talking now about a further canada goose uk site set of measures. Canada Goose Jackets

canada goose uk shop But the latest comments, and others last Friday from ECB canada goose outlet eu Vice President Vitor canada goose outlet uk sale Constancio and Luc Coene, Belgium central bank chief, suggest a significant group on the Governing Council support Draghi readiness to do more if needed. canada goose uk shop

canada goose factory sale Asked about asset purchases with new money look these up , or quantitative easing, Makuch said that remained a possibility. He added that interest rates will stay low for a long time. canada goose factory sale

SUBSTANCE far (rates) can go is a technical question. There is room for a further cut in the benchmark rate, and of course space for adjustment of the corridor or keeping the corridor with the new benchmark rate, Makuch said.

canada goose coats on sale Last week, the ECB lowered its deposit rate that it offers for holdings banks cash overnight to 0.1 percent. It cut its main refinancing rate canada goose factory outlet vancouver to 0.15 percent, and the marginal lending rate or emergency borrowing rate to 0.40 percent. canada goose coats on sale

Canada Goose Parka Aside from QE, there is little of any substance left in the ECB armoury after Thursday announcement of canada goose outlet legit new measures to try to steer the euro zone away from the economic quicksand of deflation. Federal Reserve or the Bank of Japan. Canada Goose Parka

canada goose clearance Asked whether he expected canada goose outlet online store the ECB to launch such a programme, Fuest told German financial daily canada goose outlet london uk Handelsblatt: I see the probability for this at 95 percent. canada goose clearance

canada goose black friday sale The ECB had signalled that QE was part of its strategy and since the agreed measures would probably not solve the problems, there would soon be calls for new measures, Fuest told Handelsblatt in the interview published on Tuesday. canada goose black friday sale

uk canada goose outlet QE would make sense to avert the risk of slipping into a deflationary spiral, he said, adding that he saw no danger of this happening at the moment. uk canada goose outlet

Canada Goose Coats On Sale ECB Executive Board member Benoit Coeure said the euro zone was not in crisis mode anymore and that canada goose outlet boston policymakers must now secure long term growth. Coeure was speaking during a panel discussion at a conference in Frankfurt Canada Goose Coats On Sale.