ECB’s Nowotny: better to revive bank lending than cut rates

The European Central Bank is looking at ways to boost banks’ liquidity rather than cutting interest rates, ECB policymaker Ewald Nowotny said in an interview with Reuters. Sitting in his wood-panelled office at the Austrian central bank in Vienna, the ECB Governing Council member said he expected…

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ECB’s Nowotny: better to revive bank lending than cut rates

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