FRANKFURT (Reuters) – The European Central Bank can devise new tools to ensure monetary policy reaches all corners of the euro zone even as it winds down its bond-buying stimulus programme, ECB President Christine Lagarde said on Thursday.
“If necessary, we can design and deploy new instruments to secure monetary policy transmission as we move along the path of policy normalisation, as we have shown on many occasions in the past,” Lagarde said.
(Reporting By Francesco Canepa; Editing by Alex Richardson)
