The head of the European Central Bank said on Saturday he would not rule out further exceptional monetary moves to ease the lending crisis afflicting the eurozone.
"I do not exclude additional non-standard actions" to ease monetary conditions in the recession-hit eurozone, Trichet told a news conference after a meeting of finance leaders from the Group of Seven rich nations.
Trichet's comment reiterated a statement he made last month when he was questioned on the possible use in the eurozone of so-called quantitative easing -- injecting cash to increase the money supply and stimulate activity.
A senior member of the bank's governing council, Axel Weber, meanwhile declined to rule out another cut in interest rates -- a measure regarded as a standard tool of monetary policy.
"I wouldn't rule out that we will continue to attempt with proactive interest rate cuts to play an active role... to help contribute to stabilise the real economy," said Weber, who is also the head of Germany's central bank.
The ECB has slashed eurozone borrowing costs from 4.25 percent last October to 2.0 percent at present.
"I do not exclude additional non-standard actions" to ease monetary conditions in the recession-hit eurozone, Trichet told a news conference after a meeting of finance leaders from the Group of Seven rich nations.
Trichet's comment reiterated a statement he made last month when he was questioned on the possible use in the eurozone of so-called quantitative easing -- injecting cash to increase the money supply and stimulate activity.
A senior member of the bank's governing council, Axel Weber, meanwhile declined to rule out another cut in interest rates -- a measure regarded as a standard tool of monetary policy.
"I wouldn't rule out that we will continue to attempt with proactive interest rate cuts to play an active role... to help contribute to stabilise the real economy," said Weber, who is also the head of Germany's central bank.
The ECB has slashed eurozone borrowing costs from 4.25 percent last October to 2.0 percent at present.
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