The downside of negative interest rates

Financial Times | Oct 9, 2019 at 3:00 PM

…negative rates can distort markets. As the Bank for International Settlements, the central banks ’ bank , pointed out in a report this week, the use of unconventional monetary policy runs the risk “of…

Euro Zone Ministers Recommend Italy’s Panetta for ECB Job

New York Times | Oct 9, 2019 at 2:48 PM

Euro zone finance ministers, known as the Eurogroup, recommended Italy’s Fabio Panetta on Wednesday for the six-member executive board of the European Central Bank.

More sources
  • Euro zone ministers recommend Italy's Panetta for ECB job (Reuters: Oct 9, 2019 at 1:00 PM)
  • Euro zone ministers recommend Italy's Panetta for ECB job (Reuters: Oct 9, 2019 at 1:14 PM)

French Central Bank confirms Q3 growth at 0.3 pct

Xinhua News Agency | Oct 9, 2019 at 2:40 PM

France Central Bank (BdF) on Wednesday maintained third quarter growth forecast at 0.3 percent, up by 0.1 percentage point from the second quarter of the year.