European Central Bank council member hinted Thursday that the bank may take further measures to boost the euro-zone economy, because the line will be preceded by its deposit rates down to zero, but this initiative did not show to urge the banks to raise lendingthe amount of signs.
 
European Central Bank has lowered its benchmark interest rate by 25 basis points to 0.75 percent of the historically low levels; pay for overnight bank deposits, deposit interest rates down to zero, a move designed to weakness in the euro area economy to provide support. For the ECB, the deposit interest rates to zero is an unprecedented practice, the measure approved last week, starting Wednesday officially activated, which means that banks will cash stored in the ECB will not receive any proceeds. Banks have made ??the response will only be close to 500 billion euros (about $ 610 billion) in cash from the ECB's deposit tools out, and then transferred them to the central banks in current account.
 
Inflationary pressures weakened, and there is no indication that the bank will provide more loans to help the resumption of economic growth stalled in the situation, the European Central Bank council member hinted that it may act again. Klass - Kenuo Te (Klaas Knot), ECB governing council member of the Dutch central bank governor said in an interview with the German version of "Financial Times": "If the situation deteriorate further, then there is no creed can stop us (the benchmark interest rate reduced to less than) 0.75%. For now, we believe that an interest rate of 0.75% is appropriate. "
 
Ke Nuote is widely regarded as the core of the hardliners of the European Central Bank council member, to take a strong stand on the issue of inflation. His remarks are by far the most obvious signal that cut interest rates to historic lows last week, the ECB may continue to further cut its benchmark interest rate.



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