Thursday October 29, 2020

ECB interest rate cut in June "a done deal" - reports

The ECB is considering a range of policy options for its June meeting including cutting all interest rates, according to reports.

14th May, 2014
A June rate cut is “more or less a done deal,” a source familiar with ECB thinking said.

The ECB is considering a range of policy options for its June meeting including cutting all interest rates, according to reports.

A June rate cut is “more or less a done deal,” a source familiar with ECB thinking told Reuters. An interest rate cut could see the ECB's deposit rate going negative for the first time but there is still no sign of the Frankfurt based institution launching

The central bank is also...

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