Jul 5, 2012

ECB Deposit Rates Could Go Negative In The Future

ECB brings deposit rate to 0%. But it could in the future push it to a negative rate to induce banks not to hoard excess reserves at the ECB. - in Nouriel`s Official Twitter

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.