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ECB Officials Lack Enthusiasm for Sub-Zero Tiering

  • Central bank is reviewing side effects of its negative rates
  • Governing Council hasn’t discussed further interest-rate cuts
The European Central Bank headquarters by the River Main in Frankfurt.

The European Central Bank headquarters by the River Main in Frankfurt.

Photographer: Krisztian Bocsi/Bloomberg
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European Central Bank officials lack enthusiasm for any revamp of their negative-interest rate tool and some doubt it will actually happen when an analysis of the policy is completed, according to people with knowledge of the matter.