“The talk of negative interest rates on deposits and that the ECB will consider such action is still relatively very vague and at an early stage, so it [market] is not really factoring in yet,” he said.
Sat, May 04, 2013 - Page 15 News List
Asian stocks rise after ECB cuts rates
READY TO ACT:On Thursday, the European Central Bank cut its benchmark interest rate by a quarter-point to 0.5 percent and said it was ready to ease further if needed
Reuters and AFP, SYDNEY and MUMBAI
This story has been viewed 1775 times.
Listing from 2015-05-22 to 2015-05-29
- Most read
- Most e-mailed
1Swiss go ‘smart’ to rein in Apple
2Nuclear power not cheap, being phased out: expert
3The highlights and lowlights at Cannes
4China rejects Taipei’s defiance on law
5Molinari maintains lead at Wentworth, McIlroy misses cut