B Of E Mulls Charging Banks To Place Cash

Paul Tucker, the Bank of England’s deputy governor for financial stability, told the Treasury Select Committee that the central bank is considering negative interest rates, meaning it would charge banks to keep their money with it as way to boost economic growth.

  • 27 Feb 2013

Paul Tucker, the Bank of England’s deputy governor for financial stability, told the Treasury Select Committee that the central bank is considering negative interest rates, meaning it would charge banks to keep their money with it as way to boost economic growth.

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