ECB's Visco: Negative interest rates have little effect

Author: Justin Low | Category: Central Banks

The pushback against negative rates is continuing

  • Negative rates can have negative side effects on the financial system
  • Prefers bond purchases over negative rates
It looks like policymakers are starting to get a bit concerned about the September stimulus package. It'll be interesting to see how this translates to monetary policy decisions next year - especially if regional banks come under further pressure.

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