How does a negative rate policy work?

Business Aug 14, 2019

How does a negative rate policy work?

This is how a negative rate policy works and its potential pitfalls: Why have some central banks adopted negative rates? To battle the global financial crisis accelerated by the collapse of Lehman Brothers in 2008, many central banks cut interest rates to near zero. A decade ...

Business Dec 9, 2016

ECB's asset tapering move hints at stimulus exit plan

The European Central Bank decided Thursday to extend its asset purchase program by nine months to the end of 2017 to boost tepid price growth, but pledged to reduce the monthly pace of buying from April. The ECB said it will continue asset purchases at ...