Relevant:
- Draghi Says ECB Rate to Stay Low for ‘Extended Period'
- ECB mulls negative rates as Europe's economic crisis deepens
- Exclusive: ECB rate setters converge on December deposit rate cut
- Draghi's German Problem Flares as Inflation Jump Stirs Anger
- Mario Draghi: ECB prepared to cut interest rates and expand QE (AKA "DO WHATEVER IT TAKES 2.0"...)
2013-05-07 — bloomberg.com
``"The Governing Council has decided for the first time to look openly at the possibility of reducing the interest rate on the deposit facility to less than zero," he said today. "There are many complications. There are many consequences that we must take into account and study closely. The Governing Council has decided to analyze these consequences in order to be ready to act if needed."'' -- Amazing.
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