5 Years Into Negative Rates, Europe’s Banks Feel the Pain

The European Central Bank first made its key interest rate negative in June 2014 to help fight the threat of deflation. It was meant to be temporary. Five years later, rates are even lower, and European bankers are asking what temporary means.
— Read on www.marketwatch.com/articles/5-years-into-negative-rates-europes-banks-feel-the-pain-51570831182