Fed Study Shows the ECB Made a Huge Mistake With Negative Rates
by Mish Shedlock, The Street: ECB Punishes Banks With Negative Interest Rates Please consider Commercial Banks under Persistent Negative Rates by the Federal Reserve Bank of San Francisco. Do extended periods of negative policy interest rates continue to encourage commercial bank lending? A large panel of European and Japanese banks provides evidence on the impact of […]
Source: https://www.sgtreport.com/2020/09/fed-study-shows-the-ecb-made-a-huge-mistake-with-negative-rates/?utm_source=rss&utm_medium=rss&utm_campaign=fed-study-shows-the-ecb-made-a-huge-mistake-with-negative-rates
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