{"id":34739,"date":"2020-09-30T15:57:52","date_gmt":"2020-09-30T11:57:52","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=34739"},"modified":"2020-09-30T15:57:54","modified_gmt":"2020-09-30T11:57:54","slug":"boes-haldane-none-of-the-conditions-for-negative-rates-has-been-satisfied","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/boes-haldane-none-of-the-conditions-for-negative-rates-has-been-satisfied\/09\/30\/market-updates\/","title":{"rendered":"BoE&#8217;s Haldane: None of the Conditions for Negative Rates Has Been Satisfied"},"content":{"rendered":"\n<p>The Bank of England\u2019s chief economist, Andy Haldane crossed the wires in the last hour and ruled out the possibility of negative rates in the short-term. Haldane said that conditions to negative interest have not been met yet.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><\/p><cite>\u201cNone of the conditions for negative rates has been satisfied.<br>Work on negative rates is likely to take months.<br>The economy has recovered faster than anyone expected.<br>Any decision on negative rates would depend on cost-benefit analysis.<br>BoE is committed to keeping borrowing costs at extraordinarily low levels.<br>Positive news has received less attention than it deserves.<br>Overly pessimistic narrative risks becoming self-fulfilling.\u201d<\/cite><\/blockquote>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of England\u2019s chief economist, Andy Haldane crossed the wires in the last hour and ruled out the possibility of negative rates in the short-term. Haldane said that conditions to negative interest have not been met yet. \u201cNone of the conditions for negative rates has been satisfied.Work on negative rates is likely to take &hellip;<\/p>\n","protected":false},"author":9,"featured_media":34287,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4707,36],"tags":[7005,6967,6835],"class_list":["post-34739","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-market-updates","tag-bailey","tag-boe","tag-uk"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=34739"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34739\/revisions"}],"predecessor-version":[{"id":34740,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34739\/revisions\/34740"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34287"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=34739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=34739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=34739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}