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19 May 2014
ECB’s Praet calls for a refi rate cut to 0.15% - Der Spiegel
FXStreet (Bali) - Following headlines from Reuters last week on the ECB preparing a new package of measures to combat disinflation in Europe, the German magazine Der Spiegel published an interview with ECB governing council member Peter Praet, who called for a refi rate cut to 0.15% at June meet, also saying it will recommend negative deposit rates. There were no comments related to Praet's view on the VLTRO for ABS or outright ABS purchases.