JP Morgan ... euro to parity, ECB deposit rate to minus one to minus 3%

Author: Eamonn Sheridan | Category: News

JPMorgan's Chief Investment Officer and Head of Global Fixed Income, Robert Michele, says the euro to parity with the US dollar in 2015:

  • "My scenario for the euro zone in the coming years: the ECB lowers the deposit rate for banks at a rate of perhaps minus one percent to minus three percent."

Quoted ina German newspaper (Handelssblatt)

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