Mersch says ECB isn’t a ‘toothless tiger’

Comments from Governing Council member Yves Mersch: -ECB will use tools appropriate to the situation -The closer ECB gets to zero, the more inefficient cuts become -ECB took decision by prevailing consensus -ECB still has tools left in its toolbox I don’t know about the expression ‘toothless ti…

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Mersch says ECB isn’t a ‘toothless tiger’