-
ECB ready to cut rates and push banks into lending
The European Central Bank is poised to impose negative interest rates on its overnight depositors, seeking to cajole banks into lending instead and to prevent the euro zone falling into Japan-like deflation. At its meeting on Thursday, ECB policymakers may also launch a loan program for banks with strings attached to make sure the money actually gets out into the euro zone economy. It will be the first of the "Big Four" central banks - ECB, Bank of England, Bank of Japan and U.S. Federal Reserve - to go the negative interest rate route, essentially charging banks to deposit with it. Even though the risks are ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jun 5, 2014 5:22am Jun 5, 2014 5:22am
- upasna
- | Joined May 2011 | Status: Member | 801 Comments
- Comment #2
- Quote
- Jun 5, 2014 5:23am Jun 5, 2014 5:23am
- Guest
- | IP X.XX.164.202
- Comment #3
- Quote
- Jun 5, 2014 5:28am Jun 5, 2014 5:28am
- upasna
- | Joined May 2011 | Status: Member | 801 Comments
- Comment #4
- Quote
- Jun 5, 2014 5:31am Jun 5, 2014 5:31am
- santuary123
- | Joined Aug 2013 | Status: Member | 9 Comments
- Comment #5
- Quote
- Jun 5, 2014 5:34am Jun 5, 2014 5:34am
- peslosar
- | Joined Jan 2013 | Status: Member | 32 Comments
- Comment #6
- Quote
- Jun 5, 2014 5:35am Jun 5, 2014 5:35am
- upasna
- | Joined May 2011 | Status: Member | 801 Comments
- Comment #7
- Quote
- Jun 5, 2014 5:38am Jun 5, 2014 5:38am
- Guest
- | IP XX.XX.204.205
- Comment #8
- Quote
- Jun 5, 2014 5:48am Jun 5, 2014 5:48am
- DayTrader30
- | Joined Apr 2011 | Status: Member | 221 Comments
- Comment #9
- Quote
- Jun 5, 2014 5:49am Jun 5, 2014 5:49am
- kengy88
- | Joined Sep 2010 | Status: Member | 16 Comments
Forex = Game of Buy and Sell
- Comment #10
- Quote
- Jun 5, 2014 5:55am Jun 5, 2014 5:55am
- PipGodfather
- | Joined Jun 2014 | Status: Junior Member | 2 Comments
- Comment #11
- Quote
- Jun 5, 2014 6:41am Jun 5, 2014 6:41am
- asmadi78
- Joined Oct 2012 | Status: Member | 821 Comments
- Comment #12
- Quote
- Jun 5, 2014 6:48am Jun 5, 2014 6:48am
- simply.monty
- | Joined Mar 2012 | Status: Member | 249 Comments
- Comment #13
- Quote
- Jun 5, 2014 6:57am Jun 5, 2014 6:57am
- PaulAmbrose
- | Joined Sep 2010 | Status: Member | 261 Comments
- Comment #14
- Quote
- Jun 5, 2014 7:04am Jun 5, 2014 7:04am
- frx_trader
- Joined Jun 2012 | Status: Analyst | 3129 Comments
- Comment #15
- Quote
- Jun 5, 2014 7:06am Jun 5, 2014 7:06am
- asmadi78
- Joined Oct 2012 | Status: Member | 821 Comments
- Comment #16
- Quote
- Jun 6, 2014 1:57am Jun 6, 2014 1:57am
- michaelpelly
- Joined Oct 2012 | Status: Member | 1992 Comments