- ECB vice-president Constancio talking against long period of low intrest rates
Market news
23 September 2016
ECB vice-president Constancio talking against long period of low intrest rates
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low rates for long periods pose risks to financial stability
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could increase long term rates if supply of safe assets increases
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some models show EZ equilibrium rate is neg
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hoped for faster economic reaction to expansionary mon pol
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seeing softer than expected recovery
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conviction in markets that long period of low growth is ahead of us
*via forexlive
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