3 ms·
Same as in the EU where the ECB has a deposit rate of -0.5%. The deposits of banks at the central bank (aka "reserves") shrink over time according to the negati
by wcoenen 7y ago
Same as in the EU where the ECB has a deposit rate of -0.5%. The deposits of banks at the central bank (aka "reserves") shrink over time according to the negative rate.
https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html https://www.ecb.europa.eu/stats/policy_and_exchange_rates/ke...