The European Central Bank is not yet approaching the limit to how far it can cut its deposit rate without hurting lending or triggering a dash to cash.
NEW YORK: The European Central Bank is not yet approaching the limit to how far it can cut its deposit rate without hurting lending or triggering a dash to cash, the ECB's chief economist Philip Lane said on Friday.
"We've seen more negative rates elsewhere so I don't particularly think there's a technical limit yet," Lane told a Reuters event in New York.
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