How negative can interest rates get?
By Christophe Blot and Paul Hubert On 11 June 2014, the European Central Bank decided to set a negative rate on deposit facilities and on […]
Month: October 2016
Does central bank optimism move financial markets?
By Paul Hubert and Fabien Labondance “Animal spirits”, also called “errors of optimism and pessimism” or “sentiments”, contribute to macroeconomic fluctuations, as has been pointed […]