Tag Archives: Watching

ECB watching unwanted side effects of negative rates: Lane

ECB watching unwanted side effects of negative rates: Lane

NEW YORK (Reuters) – Banks in the euro zone have benefited from negative interest rates but the European Central Bank is aware that super low rates could eventually become counterproductive, ECB chief economist Philip Lane said on Friday.

“We are alert to the possibility that there may be a level for the policy rate below which a policy easing would have perverse effects and in fact lead to a tightening of bank credit conditions: the reversal rate,” Lane said in New York.

“The Governing Council is closely monitoring the risk that the impact of negative rates on bank profitability may impair the transmission of monetary policy to the real economy,” Lane added.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source : Reuters Link

I Am Watching China Wage a ‘People’s War’ Against Coronavirus (65,000 Cases and Growing)

I Am Watching China Wage a ‘People’s War’ Against Coronavirus (65,000 Cases and Growing) Mitchell Blatt Security, Asia Our latest on-the-ground reporting as the world’s emerging superpower tackles an unprecedented challenge.  The policy of quarantining Spring Festival returnees for 14 … read more

Rivet Joint and Cobra Ball: The Electronic Spy Planes Watching For North Korea’s “Christmas Gift”

Rivet Joint and Cobra Ball: The Electronic Spy Planes Watching For North Korea’s “Christmas Gift” Sebastien Roblin Security, Asia How the U.S. military can study Kim’s latest ICBM, IRBM or whatever other presents he has for America.  North Korea’s Vice … read more