You are here

ECB, BOJ trying to depress exchange rate: ex-BOE chief

The central banks insist that their easing policies are aimed at boosting growth and inflation

BT_20160323_NAHKING23_2180814.jpg
Mr King says the EU's future will undoubtedly be two different groups of countries: one in the euro area and the other outside it

London

THE European Central Bank (ECB) and the Bank of Japan (BOJ) are essentially trying to push down the values of their respective currencies with the use of negative interest rates, former Bank of England (BOE) governor Mervyn King said.

"There are clearly limits" to the

sentifi.com

Market voices on:

Powered by GET.comGetCom