We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Less than zero

8 March 2013 By Neil Unmack

The ECB chief played down hopes of cutting rates below zero, stressing “serious” risks. It could punish cash-rich banks and may not lead to more lending in the context of the Italian crisis. But if the euro shoots up, talk of negative rates may return.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)