ING CEO Hamers Says Further QE, Negative Rates Will Not Help

The video discusses the impact of interest rates and policy changes on the economy, emphasizing the need for a stable foundation to measure their effects. It highlights the uncertainty caused by global issues like Brexit and US-China trade discussions, which hinder effective policy implementation. The speaker argues against further rate cuts, noting that negative rates have not reduced savings and may stall reforms. Strategies to mitigate the impact of deposit rate cuts, such as adjusting deposit and asset rates, are also explored.

What is the main reason given for the ineffectiveness of further policy moves?

How does uncertainty around Brexit affect economic policies?

What is suggested as a reason for companies not needing capital despite negative rates?

What impact do negative rates have on banks according to the text?

In what ways can banks respond to a cut in the deposit rate?