ECB's Holzmann: ECB strategic review will start next week
Comments by ECB governing council member, Robert Holzmann
- Low, negative rates may have long-term impact
- Possible negative impact is on productivity, banks and financial stability
His remarks on negative rates aren't anything new as he is one of those who opposed the September stimulus package - saying that "negative rates send the wrong signal".
As for the strategic review, all eyes will be on whether or not the ECB decides to mix things up with regards to its inflation mandate.