ECB’s Demetriades: I’m not ruling out rate cut in general

  • If circumstances demand, ECB will take new measures
  • Negative deposit rate doable, unsure if desireable
  • Negative deposit rate ‘unchartered waters’ need caution
  • OMT could become relevant to countries besides Spain
  • Chance OMT never needs deploying is ‘pretty small’

Comments made in interview with MarketNews.

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