Knot warns of drawbacks of negative rates

Klaas Knot
DNB

The president of the Netherlands Bank, Klaas Knot, warned about the downsides of negative rates in the eurozone in a speech in Amsterdam in February 27.

Knot acknowledged negative rates had a positive influence on the eurozone economy during the period 2015–18. When the region was struggling with low growth and the danger of deflation, unconventional monetary policies were “beneficial for inflation, growth and the creation of jobs, and especially asset prices,” he said.

Nonetheless, their

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: