{"id":44454,"date":"2014-06-05T17:35:57","date_gmt":"2014-06-05T17:35:57","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/bloomberg_draghi_takes_ecb_deposit_rate_negative_in_historic_move\/"},"modified":"2014-06-05T17:35:57","modified_gmt":"2014-06-05T17:35:57","slug":"bloomberg_draghi_takes_ecb_deposit_rate_negative_in_historic_move","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=44454","title":{"rendered":"(Bloomberg) Draghi Takes ECB Deposit Rate Negative in Historic Move"},"content":{"rendered":"<p>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\u2019s second-largest economy.<\/p>\n<p>ECB President Mario Draghi reduced the deposit rate to minus 0.10 percent from zero, making the institution the world\u2019s first major central bank to use a negative rate. Policy makers also lowered the benchmark rate to 0.15 percent from 0.25 percent.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2014-06-05\/draghi-takes-ecb-deposit-rate-negative-in-historic-move.html\">Read it all<\/a>.<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019s second-largest economy. ECB President Mario Draghi reduced the<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=44454\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,50,595,592,149,591,200,590,119,600,597],"tags":[],"class_list":["post-44454","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-international-news-commentary","category-credit-markets","category-currency-markets","category-economy","category-euro","category-europe","category-european-central-bank","category-globalization","category-housingreal-estate-market","category-laborlabor-unionslabor-market"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/44454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44454"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/44454\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}