ECB board member Makhlouf: Interest rates remain the default policy lever in our toolbox; when constrained by the lower limit, other tools such as targeted lending and balance sheet operations also have a role to play.

2025-05-13

ECB board member Makhlouf: Interest rates remain the default policy lever in our toolbox; when constrained by the lower limit, other tools such as targeted lending and balance sheet operations also have a role to play.