April 13, 2016
Update 1—Negative Rates Not Needed in US for Now—ECB’s Constancio
By Richard Leong
Reuters, April 13, 2016. All Rights Reserved.
Negative deposit rates are not required as a monetary fix for the United States at the moment, in contrast with the euro zone, which is struggling with deflation risk, a top European Central Bank official said on Wednesday.
The U.S. economy, while far from robust, has been growing at a steady pace, and has seen some improvement in price growth since hitting a post-crisis low earlier this year….
Read more: http://www.reuters.com/article/ecb-policy-constancio-negativerates-idUSL2N17G2GK