ECB/Bk of Italy’s Visco says ECB could cut deposit interest rates into negative territory
From fxbriefs.com
Says there may be unintended consequences as a result, but we know how to work on that. Feels cutting deposit rates could be effective, if economy needs help. Well it’s certainly been effective in taking the shine of EUR/USD, down to lows of 1.2952 from 1.2975 before recovering to 1.2965
(full story)