Alicha Mila
2
All posts from Alicha Mila
Alicha Mila in Alicha Mila,

Negative deposit rate seen possible

Executive Board member Joerg Asmussen said he would not rule out reducing the ECB's deposit rate, currently at 0%, effectively levying a charge on banks for parking excess liquidity at the central bank.

http://www.marketwatch.com/story/ecbs-asmussen-negative-deposit-rate-possible-2013-11-12-6485562


Banks will be charges for parking their excess liquidity at central bank. How dare is it?