Explain how the European Central Banks interest payments on the deposits commercial banks have at the ECB

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Explain how the European Central Bank’s interest payments on the deposits commercial banks have at the ECB provides an interest rate floor for the interbank lending rate.

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Money, Banking, Financial Markets and Institutions

ISBN: 978-0538748575

1st edition

Authors: Michael Brandl

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Question Posted: Jun 21, 2019 07:27 AM

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Explain how the European Central Banks interest payments on the deposits commercial banks have at the ECB

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