Draghi Takes ECB Deposit Rate Negative

Draghi Takes ECB Deposit Rate Negative Play

June 5 (Bloomberg) -- The European Central Bank cut its deposit rate below zero and said it would announce further measures later today as policy makers try to counter the prospect of deflation in the world’s second-largest economy. Westwood Capital Managing Partner Dan Alpert speaks on Bloomberg Television's “Bloomberg Surveillance.” (Source: Bloomberg)

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