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15.06.2016 15:43

European Central Bank Vice President Vitor Constancio: negative deposit rates have limits

The European Central Bank (ECB) Vice President Vitor Constancio said on Wednesday that negative deposit rates has limits, adding that the central bank should monitor "the possible occurrence of undesirable side-effects".

He also said that inflation in 2018 could be higher that estimated by the ECB.

Constancion pointed out that the central bank would continue to implement its stimulus measures.

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