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ECB's Coeure sees short term interest rates at "very low levels"

Reuters  |  PARIS 

PARIS (Reuters) - Short term interest rates are to remain at "very low levels" in the euro zone, European Central Bank (ECB) board member Benoit Coeure said on Monday."It is very clear to us that short term interest rates, the ones that are controlled by the central bank, will remain at very low levels, far beyond the horizon of our asset purchases," Coeure told French radio station BFM Business.Last week, the ECB dropped a long-standing pledge to increase its bond buying if needed, taking another small step in weaning the euro zone economy off its protracted programme of monetary ...

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First Published: Mon, March 12 2018. 12:54 IST