Reuters reveals ECB package could include rate cut, tiering, new guidance | Reuters News Agency

Reuters reveals ECB package could include rate cut, tiering, new guidance

Reuters exclusively reported that ECB policymakers are leaning toward a stimulus package that includes a rate cut, a beefed-up pledge to keep rates low for longer and compensation for banks over the side-effects of negative rates. Many also favor restarting asset buys, a significantly more powerful weapon, but opposition from some northern European countries is complicating this issue, Reuters sources said.

Article Tags
Type: Reuters Best
Sectors: FX & Fixed Income
Regions: Europe / Middle East / Africa
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