An ECB key rate cut could deter bank-to-bank lending

A cut in the ECB’s refinancing rate could push benchmark bank-to-bank Euribor rates to record lows, but it could also reduce trading in money markets, something the central bank would rather avoid. European Central Bank President Mario Draghi said last week the central bank was ready to act to su…

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An ECB key rate cut could deter bank-to-bank lending

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