Draghi Has Banking Chiefs Bemoaning ECB's Negative-Rate Push
- Deposits become money-losing proposition with rates below zero
- Denmark's experience suggests negative rates aren't all bad
Will ECB's Draghi Surprise the Markets?
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The euro area’s bankers, battered by falling trading revenue and weak profitability, are predicting more pain as the European Central Bank gets ready to cut interest rates further below zero.
QuickTake Negative Interest Rates