Markets fear ECB tiering is an effective rate hike
The European Central Bank’s
decision to introduce a tiered interest rate may be
inadvertently tightening rather than easing market conditions,
dampening some of the impact from its move to cut interest rates
and resume bond purchases.
decision to introduce a tiered interest rate may be
inadvertently tightening rather than easing market conditions,
dampening some of the impact from its move to cut interest rates
and resume bond purchases.
Posted by Reuters
