Skip to content
Subscriber Only
Markets
Economics

BOE’s Tenreyro Sees ‘Encouraging’ Evidence on Negative Rates

Video player cover image
BOE Will Keep Negative Rates in Tool Box, Bailey Says

The Bank of England’s discussions on negative interest rates have been “encouraging,” according to policy maker Silvana Tenreyro, in a sign that the U.K. could yet follow peers such as the European Central Bank below zero.

“There has been almost full pass-through of negative rates into lending rates in most countries,” Tenreyro said in an interview with the Telegraph published late Saturday. “Banks adapted well.”