Evidence on negative rates ‘encouraging’, says BoE policymaker

City A.M. | Sep 27, 2020 at 1:43 PM
  • The Bank of England has seen “encouraging” evidence that negative interest rates could help the British economy during the downturn triggered by the coronavirus.
  • Silvana Tenreyro, who sits on the Bank’s monetary policy committee (MPC), said the committee has been discussing what options it has in its toolkit, including “how effective negative rates might be in the current context”.