BoE’s Tucker urges careful consideration of negative interest rates

tucker-tsc

The Bank of England's Paul Tucker today raised the prospect of setting negative interest rates, which he said would be an "extraordinary thing to do and would have to be considered carefully".

Tucker, a deputy governor at the central bank, told the UK Parliament's Treasury Committee that he hoped the Monetary Policy Committee (MPC) would think about the policy and its constraints, but stressed it was not something people should "clutch on to as the answer to the universe".

Immediately following

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: