ECB's Holzmann: Cannot rule out possibility that ECB could implement new policy tools

Comments by ECB policymaker, Robert Holzmann
– PEPP purchases worked, helped to lower spreads
– There are indications for sustainable recovery from the middle of 2021
Yeah, that is not going to happen. Holzmann's remarks may be his own but I'm sure most, if not all, governing council members would also not go with a rate cut next