The European Central Bank (ECB) is set to discuss raising the minimum reserve requirements for commercial banks, a move that could lower interest payments to lenders while easing financial pressures on the Eurosystem, according to ECB President Christine Lagarde, as per a Reuters report.
Speaking after the ECB's policy meeting on Thursday, Lagarde said the issue was not discussed during the latest Governing Council meeting, where policymakers left interest rates unchanged, but confirmed that it remains on the agenda for future discussions. The matter is expected to be considered in the coming months.
