BOE’s Bailey: Negative rates are a controversial issue

FX Street

Updated: 12 Jan. 2021 | 10:17

There are a lot of issues with negative rates
No country has used negative rates in ‘retail’ end of the financial market
There are good reasons to think we’re in a world of low rates for a long period of time
Outlook for interest rates hinges on productivity growth

developing story ….

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