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Draghi – Rates can’t go as low as we want

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 10, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    ECB’s Draghi, while addressing question on interest rates, acknowledged the risks associated with negative rates.

    Draghi said rates cannot go as low as we want and added that the governing council did not wish to give a wrong signal to the markets on negative rates, hence avoided implementing tiered rate system.
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