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KM Financial Solutions | EXPLAINER-How does negative interest rates policy work?
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EXPLAINER-How does negative interest rates policy work?

12 Sep EXPLAINER-How does negative interest rates policy work?

Posted at 12:18h in News by
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The European Central Bank
doubled down on its negative rate policy on Thursday, meaning
banks will now have to pay 0.5% interest simply for depositing
much of their spare cash with it – an attempt to make them lend
more to kickstart the economy.

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