BOE's Cunliffe says that on negative rates we should not draw dogmatic lines

Author: Adam Button | Category: Central Banks

Comments from the Deputy Governor:

  • We are likely to see a number of credit events and defaults
  • Impact of negative rates on financial structures is a particularly acute issue
The BOE needs to make a decision on negative rates  and either drop it or put it on the table. This wishy-washy business is unhelpful.

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