Global Central banks can adopt negative rates as conventional tool – PBOC working paper
02 Apr Global Central banks can adopt negative rates as conventional tool – PBOC working paper
Posted at 06:59h
in
News
by KMFSLLP
BEIJING/HONG KONG, April 3 (Reuters) – Global central banks
should adopt deeply negative interest rate policy during a
‘deflationary’ recession and use it as a conventional monetary
tool to revitalise growth, a senior Chinese central bank
official wrote in a working paper.
![](http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/kK8pXgDG9pU)
Sorry, the comment form is closed at this time.