ECB has more space on deposit rate – ECB’s Hansson

FXStreet (Mumbai) - The European Central Bank (ECB) member Hansson indirectly hinted at a possibility of a deposit rate cut today by stating that the bank has a bit more space on a deposit rate cut.

But, the policymaker did state that there is no need for more easing right now.

Key Quotes

ECB has a bit more space on deposit rate than they thought a year ago

Deposit rate cut would undermine the concept of forward guidance