The European Central Bank is looking at ways to boost banks' liquidity rather than cutting interest rates, ECB policymaker Ewald Nowotny said in an interview with Reuters. Sitting in his wood-panelled office at the Austrian central bank in Vienna, the ECB Governing Council member said he expected the economy to brighten eventually. "Concerning the economy in Europe, I think it ... will improve in the second half of this year," Nowotny said. With rates already "very low" the focus, he said, should be on giving banks easier access to liquidity, for example by reviving the asset-backed securities (ABS) market in ... (full story)