BoE's deputy governor member Woods: Responses from banks show less of an operational challenge at zero rate than compared to negative rates

Market news

4 February 2021

BoE's deputy governor member Woods: Responses from banks show less of an operational challenge at zero rate than compared to negative rates

Majority of firms would need to make system changes to implement negative rates

U.S.: Nonfarm Productivity, q/q, Quarter IV -4.8 (forecast -2.8%)

U.S. Treasury Secretary Yellen: We have some tough months ahead

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