negative interest rates on bank deposits are a possible tool but there is risk of achieving opposite effect than planned; abolishing privilege of zero-risk weighting for govt bonds as bank assets would help private sector credit; German coalition accord contains elements that risk weakening pension sustainability, reducing labour flexbility; Buba chief and ECB governing council member Jens Wiedmann quoted on reuters from an interview given to Italian newspaper Il Sole 24 Ore published this morning; I don’t want to speculate about future monetary policy moves. But rest assured we still have other tools at our ... (full story)