Negative Interest Rates Don't Work w/ Vincent Deluard
An episode of the Rethinking the Dollar podcast, hosted by Mike, titled "Negative Interest Rates Don't Work w/ Vincent Deluard" was published on August 29, 2019 and runs 30 minutes.
August 29, 2019 ·30m · Rethinking the Dollar
Summary
Those who had hoped that things could not get worse with the monetary policy of the European Central Bank (ECB) have been proven wrong. At its last meeting on 25 July 2019, the Governing Council of the ECB kept interest rates unchanged: the main refinancing rate was kept at 0.00% and the deposit rate at -0.40%. At the same time, however, ECB President Mario Draghi has prepared the ground to lower interest rates even further in the coming months. What is the reasoning behind that? During this interview Vincent Deluard shares his thoughts on why. Watch the interview here: https://www.rethinkingthedollar.com/negative-interest-rate-policy-dont-work/
Episode Description
Those who had hoped that things could not get worse with the monetary policy of the European Central Bank (ECB) have been proven wrong. At its last meeting on 25 July 2019, the Governing Council of the ECB kept interest rates unchanged: the main refinancing rate was kept at 0.00% and the deposit rate at -0.40%. At the same time, however, ECB President Mario Draghi has prepared the ground to lower interest rates even further in the coming months. What is the reasoning behind that?
During this interview Vincent Deluard shares his thoughts on why. Watch the interview here:
https://www.rethinkingthedollar.com/negative-interest-rate-policy-dont-work/
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