Negative interest rates, a tool used to encourage banks to lend, are starting to worry the ECB
FRANKFURT—European Central Bank President Mario Draghi signaled Wednesday that the bank is starting to worry about the adverse effects of negative interest rates, a controversial policy tool it introduced almost five years ago to encourage European banks to lend.
Negative interest rates force commercial banks to pay to park funds at the central bank. By reducing borrowing costs, they should make it more attractive for companies and households to borrow, spend and invest. The policy also typically weakens an economy’s exchange...
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
ECB's Draghi says a 'soft path' doesn't necessarily signal a serious economic slumpEuropean Central Bank (ECB) President Mario Draghi said that a temporary slowdown in the euro zone does not necessarily foreshadow a serious recession.
Weiterlesen »
As growth risks rise, Draghi says ECB can delay rate hike againFacing rising threats to growth, the European Central Bank could further delay a...
Weiterlesen »
If the US is slowing down, Europe is headed for 'an abrupt stop''We are now seeing a more persistent deterioration of external demand,' European Central Bank President Mario Draghi said on Wednesday.
Weiterlesen »
Daily Briefing: Brexit multiple choice - a test for parliamentDaily Briefing: - UK parliament takes control of Brexit today, seeking solutions to deadlock - Some hard Brexiters drop hints they could back UK PM May's deal - ECB's Draghi to deliver speech amid concerns about euro zone economy
Weiterlesen »
ECB's Draghi says a 'soft path' doesn't necessarily signal a serious economic slumpEuropean Central Bank (ECB) President Mario Draghi said that a temporary slowdown in the euro zone does not necessarily foreshadow a serious recession.
Weiterlesen »
As growth risks rise, Draghi says ECB can delay rate hike againFacing rising threats to growth, the European Central Bank could further delay a...
Weiterlesen »
'Fortress Europe' isn't being built to challenge China or US, ECB's Mersch saysFrance and Germany both want to create European 'Industrial Champions' that can compete with bigger rivals.
Weiterlesen »
Markets seem to underestimate threat of Brexit: ECB's RehnThe risk of Britain leaving the European Union without a deal is the biggest ris...
Weiterlesen »
Markets seem to underestimate threat of Brexit - ECB's RehnThe risk of Britain leaving the European Union without a deal is the biggest ris...
Weiterlesen »