In his latest client note, Thomas Harr, PhD, Global Head of FI&C Research at Danske Bank, discusses whether the European Central Bank’s (ECB) policy easing will help in terms of lifting growth and inflation. Key Quotes: “The pass-through of a new cut in policy rates to bank deposit rates is likely to be limited, as Eurozone banks are either unwilling or unable (or both) to charge depositors. This year, yield curves have inverted, which cripples bank profitability due to the banks’ role as maturity transformers, which could damage credit creation. I believe that monetary easing will have a limited impact in terms of countering negative growth drivers. I do not believe that monetary easing will help much in terms of lifting actual inflation.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Ripple market overview: XRP/USD upward action losing steam; bulls defend moving average support FX Street 4 years In his latest client note, Thomas Harr, PhD, Global Head of FI&C Research at Danske Bank, discusses whether the European Central Bank's (ECB) policy easing will help in terms of lifting growth and inflation. Key Quotes: "The pass-through of a new cut in policy rates to bank deposit rates is likely to be limited, as Eurozone banks are either unwilling or unable (or both) to charge depositors. This year, yield curves have inverted, which cripples bank profitability due to the banks' role as maturity transformers, which could damage credit creation. I believe that monetary easing will have a limited impact… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
