- BoE's MPC member Broadbent: Question of whether we would cut rates below zero will rest on economic questions
Market news
6 November 2020
BoE's MPC member Broadbent: Question of whether we would cut rates below zero will rest on economic questions
- Question on negative rates is whether or not they would be effective
- It's probable that mitigating efforts could be stronger when bank balance sheets are under pressure
- We will be getting answers back from banks on negative rates soon
- There are complex issues involved in negative rates
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