The European Central Bank still has tools at its disposal to fight downside risks to price stability if they occur, including effectively charging banks for depositing overnight funds, ECB Executive Board member Joerg Asmussen told Austrian radio in an interview aired on Tuesday.

"I said that we are not at the end of our monetary policy possibilities," said Asmussen in an interview with Austrian state radio Oe1. "If the inflation situation requires it, we can act again," he said.