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KM Financial Solutions | Global Central banks can adopt negative rates as conventional tool – PBOC working paper
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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
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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.

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