ECB's negative rates face limits

March 11, 2016 11:16 AM

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FRANKFURT, March 11 The European Central Bank's negative deposit rate is facing limits, the ECB's vice-president said on Friday.

"Naturally, all policies have limits," Vitor Constancio said in an opinion piece published on the bank's website and entitled 'In defence of Monetary Policy'.

Also read: Yellen Says Fed Not Behind the Curve, Backs Gradual Rate Rises

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