IMF's Lagarde supports negative rates in eurozone
The managing director of the International Monetary Fund (IMF), Christine Lagarde, yesterday threw her weight behind the European Central Bank's (ECB) commitment to keep interest rates at or below current levels for the foreseeable future, adding that "negative deposit rates would support demand across the euro area and address deflationary pressures".
Delivering the IMF's Article IV consultation for the eurozone, the IMF chief said the ECB could do more to "help reduce fragmentation" in the
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