Economics

ECB Officials Talk About Flexibility. Here’s What They Mean: Q&A

  • Emergency pandemic stimulus was exempted from some ECB rules
  • Policy makers debate how pre-crisis tools might counter shocks

The European Central Bank (ECB) headquarters in Frankfurt, Germany.

Photographer: Alex Kraus/Bloomberg
Lock
This article is for subscribers only.

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

European Central Bank officials seeking “flexibility” for their future stimulus plans can’t quite agree on whether that means room for maneuver -- or room for potential expansion.