No negative ECB deposit rate for now, says Nowotny

The possibility the European Central Bank might cut its deposit rate below zero is not relevant for now, ECB policymaker Ewald Nowotny said on Friday. ECB President Mario Draghi said on Thursday the ECB was “technically ready” to cut the deposit rate from zero percent, meaning it would start char…

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No negative ECB deposit rate for now, says Nowotny