December 9, 2024

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Benoit Coeure

Nowotny: Negative Interest Rate Conveys Feeling of Crisis

Ewald Nowotny, member of the Council of the ECB (European Central Bank) and governor of the Austrian National Bank (OeNB), expressed his rejection regarding a possible negative interest rate for banks.

ECB Does Not See Danger of Deflation

Benoit Coeure, member of ECB’s supervisory board, does not see the danger of deflation in Europe.