King Comments on rate paid Bank Reserves

[Skip to the end] Might be secretly worried about the relatively strong currency. Many of them still think rates matter for the level of their currency even though the BOE research says they don’t matter. >    >   (email exchange) >    >   On Tue, Sep 15, 2009 at 5:34 AM, Dave wrote: >    >   BOE King states that BoE will look at reducing deposit rate on reserves >    >   Front [...]