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TLTROs Among Tools ECB Considering, Says VP

From mninews.marketnews.com

Targeted longer-term refinancing operations (TLTROs) are one of "a large range of tools" at the European Central Bank's disposal, Vice-President Luis de Guindos said in an interview with Le Monde published Tuesday. A decision on whether to use TLROs will be taken only after the ECB has conducted a "thorough analysis" of the reasons behind the eurozone's faltering growth, De Guindos said. But his remarks came shortly after ECB Chief Economist Peter Praet said the Governing Council would use March's monetary policy meeting in Frankfurt to assess "the current and expected state of bank transmission." Here are ... (full story)

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  • Category: Fundamental Analysis