PARIS Nov 9 The European Central Bank can trim
interest rates further and provide the banking system with
liquidity, ECB Executive Board member Benoit Coeure said on
Saturday after last week's rate cut to a record low.
"We can still cut interest rates if needed, and as we said
clearly last Thursday we can provide liquidity to the euro zone
financial system if needed to ensure they don't have problems
refinancing," he said on France Inter radio.
"All that's possible, but what counts is that the banks
transmit the decrease in the cost of refinancing to the
economy," he said.