ECB may be fuelling bubbles, risking fresh crisis - Mersch
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FRANKFURT (Reuters) - The European Central Bank's ultra easy monetary policy may be fuelling asset bubbles, which may in turn trigger future crises, ECB board member Yves Mersch said on Monday, providing an unusually stark warning about the risks of ultra low rates.The ECB has kept rates in negative territory since 2014 to foster growth but a growing number of experts, including some ECB policymakers, warn that low rates for long could fuel financial instability, putting growth and the banking..