🚗 🚙 Turn your trusty old car into trustworthy journalism Learn more

European Central Bank likely to end its negative interest rate experiment

May 23, 2022
Until the ECB became the first major central bank to try it, making interest rates negative seemed like defying economic gravity.
When the European Central Bank first pushed negative interest rates in 2014, it helped push the value of the euro lower and make European goods more attractive to foreign buyers.
Daniel Roland/AFP via Getty Images

Could U.S. interest rates go negative like Europe's?

Sep 13, 2019
After the European Central Bank announced a rate cut, Trump urged the Fed to do the same.
Matt Cardy/Getty Images

Europe takes key interest rate further below zero

Dec 3, 2015
The European Central Bank has cut its main target interest rate to 0.3 percent.