ECB’s Makuch: board discussions moving to rates from asset buying

December 19, 2017

BRATISLAVA (Reuters) – Discussions on the European Central Bank (ECB) board are shifting toward the use of interest rates rather than asset purchases at the main tool for regulating the economy, Governing Council member Jozef Makuch said on Tuesday.

Makuch also said a signal on future interest rate-setting could not be ruled out.

The central bank last week stuck to a promise to keep the money taps open for the euro zone economy for as long as needed, despite opposition from some rate-setters and increased growth and inflation forecasts for the bloc.

(Reporting by Tatiana Jancarikova; Writing by Robert Muller; editing by John Stonestreet)

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