• BoE's executive director for markets Hauser: Negative rates won't happen in the near-term

Market news

4 June 2020

BoE's executive director for markets Hauser: Negative rates won't happen in the near-term

  • But even if it is decided, it will be the right thing to do at the time
  • The rush for cash during lockdown was the "biggest test of core market functioning and resilience" since global financial crisis
  • Markets could come under strain again, if there is another leg to coronavirus global infection cycle, or if economic data is persistently worse-than-expected
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