The President of the United States Donald trump urged the fed to use the tool of negative interest rates, as do other countries, to support the economy, the statements of the American leader.
«While other countries benefit from negative interest rates, the US also needs to accept this «gift». Large numbers!» — trump wrote in his Twitter.
The European Central Bank (ECB) in late April, amid continuing crisis because of the pandemic coronavirus decided to expand lending to banks through auctions and to soften the conditions. In one of the mechanisms of the funds will be made available at a rate of minus 0.5% to minus 1%, the other — in the area of minus 0.25% per annum.
The base rate of the ECB is at a record low 0%, and the Deposit rate negative, and in September of 2019 she was lowered — to minus 0.5% from minus 0,4%.
The base rate, the fed is now 0-0,25% per annum. In March, the regulator has lowered it twice, for a total of 1.5 percentage points.
Relevant data on the situation of COVID-19 in Russia and the world presented on the portal stopmanager.of the Russian Federation.