Are Negative Interest Rates in Europe's Future?

Mario Draghi, president of the ECB, at a news conference in Bratislava, Slovakia, on May 2 Photograph by Martin Divisek/Bloomberg

Interest rates in Europe might go negative. That’s a sign of how weak the European economy is. Today in Bratislava, the capital of Slovakia, European Central Bank President Mario Draghi told reporters that the ECB might actually charge banks for the privilege of stashing cash with it overnight.

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