March 25, 2020 / 6:01 PM / 12 days ago

ECB's de Cos open to lifting bond purchase limits: Handelsblatt

FRANKFURT, March 25 (Reuters) - The European Central Bank should be ready to ditch a self imposed limit to buy no more than a third of any country’s debt as part of its asset purchase scheme, Spanish central bank chief Pablo Hernández de Cos told a German newspaper.

De Cos, considered a dove on the rate-setting Governing Council, also said that an interest rate cut remains a possibility, even if policymakers decided not to lower record low interest rate any further earlier this month, he told Germany’s Handelsblatt. (Reporting by Balazs Koranyi Editing by Mark Heinrich)

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