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There is no need to lower deposit rate yet – ECB’s Hansson

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 11, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - The European Central Bank member Hansson was on the wires stating there is no need to lower the deposit rate yet.

    The speculation has been on the rise that the bank members prefer a rate cut over more QE. Earlier today, ECB’s Visco also played down the need to do more.

    Last week, Hansson had stated that the bank has a bit more space on deposit rate cut.
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