ECB Willing to Weigh More Stimulus If Needed, Coene Says
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The European Central Bank would be prepared to enact more stimulus measures if necessary to increase liquidity in the euro area, ECB Governing Council member Luc Coene said.
Coene, who also heads Belgium’s central bank, held out the possibility that the targeted-loan program that the ECB announced in June wouldn’t be adequate to spur lending and stimulate the economy of the 18-nation euro area.