The supermoon is seen next to the air-traffic warning light illuminated headquarters of the European Central Bank (ECB) in Frankfurt, Germany, early morning September 28, 2015. Zero is clearly not the floor for central bank interest rates, but there’s still a lower limit nearby, however shaky it may be.
For anyone assuming official interest rates would not or could not go below zero, it’s been a sobering year. Four central banks in Europe have broken […]
