ECB’S CONSTANCIO SAYS NEGATIVE INTEREST RATES ALWAYS POSSIBLE
Negative rates are just a tax, of course. Pretty close to a PSI. With deficits as high as they are, all they need to do is leave it all alone and a modest recovery will quickly materialize. But instead they keep pressing the austerity with a ‘we’ve paid the price to get this far- there’s [...]

Negative rates are just a tax, of course. Pretty close to a PSI.

With deficits as high as they are, all they need to do is leave it all alone and a modest recovery will quickly materialize. But instead they keep pressing the austerity with a ‘we’ve paid the price to get this far- there’s no going back now’ mentality.

*ECB’S CONSTANCIO SAYS NEGATIVE INTEREST RATES ALWAYS POSSIBLE
*CONSTANCIO SAYS IMPACT OF NEGATIVE DEPOSIT RATE NOT CLEAR
*CONSTANCIO: ECB HAS LOOKED AT NEGATIVE RATES AT OTHER CENBANKS
*CONSTANCIO: ECB IS TECHNICALLY READY FOR NEG RATES IF NEEDED
*CONSTANCIO: ECB HASN’T MADE DECISION ON NEGATIVE DEPOSIT RATE

>   
>   but also – overlooked:
>   

*CONSTANCIO SAYS ECB LOOKS AY FX RATE FOR INFLATION OUTLOOK

>   
>   ECB will revise HICP path at the March meeting
>   

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here