IMF’s Vinals – negative rates are a net positive

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 13, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    IMF's Jose Vinals after the release of the Global Financial Stability Report said negative rates are useful for supporting growth and are a net positive for the economy.

    However, Vinals maintained that there are limits to how low negative rates can go.

    On Brexit IMF said

    Brexit would undermine confidence in London as financial hub

    Would be a negative shock to UK and EU
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