Here is some interesting crystal ball gazing. (But, I still wonder if the appearance of this type of headline may be signalling the start of an inflationary cycle.)
"The peaks and troughs of rates have fallen over three decades. Deutsche Bank suggests ECB may never lift deposit rate above 0."
"Now that Sweden and Switzerland have shown that negative benchmark interest rates don’t necessarily result in flights to cash, asset bubbles or banking strains, the global giants of central banking may be more willing to embrace sub-zero borrowing costs the next time their economies slide."
"Meantime, Fed Chair Janet Yellen said last week that “if circumstances were to change” then “potentially anything, including negative interest rates, would be on the table.”"
See:
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