ECB Can Still Pull Rabbits Out of the Hat, Council Member Says
- Lithuanian central bank governor speaks in Bloomberg interview
- Says existing stimulus should work but more could be done
Vitas Vasiliauskas, governor of Lithuania's central bank.
Photographer: Peter Kollanyi/BloombergThis article is for subscribers only.
The European Central Bank can still conjure up policy surprises if needed to combat economic shocks and restore euro-area inflation, Governing Council member Vitas Vasiliauskas said.
“Markets say the ECB is done, their box is empty,” Vasiliauskas, who heads Lithuania’s central bank, said in an interview on Tuesday in Vilnius. “But we are magic people. Each time we take something and give to the markets -- a rabbit out of the hat.”