Praet Says Asset Purchases, Deposit Rate Cut Are ECB Options

The European Central Bank will consider all options to ensure price stability and asset purchases are a potential option if needed, Executive Board member Peter Praet said.

“If our mandate is at risk we are going to take all the measures that we think we should take to fulfill that mandate,” Praet, who heads the ECB’s economics department, said in an interview with the Wall Street Journal published today. “That’s a very clear signal.”