ECB's Lane sees no limit yet to further rate cuts

NEW YORK (Reuters) - The European Central Bank is not yet approaching the limit to how far it can cut its deposit rate without hurting lending or triggering a dash to cash, the ECB's chief economist Philip Lane said on Friday.

"We've seen more negative rates elsewhere so I don't particularly think there's a technical limit yet," Lane told a Reuters event in New York.

(Reporting By Howard Schneider and Jonelle Marte; Writing by Francesco Canepa in Frankfurt; Editing by Alison Williams)

You May Also Be Interested In

• China's Foreign Minister Wang Yi to visit South Korea from August 19-20
• Analysis-Climate damage: the next hit to Europe's public finances
• Singapore's UOB appoints Tan Choon Hin as head of ASEAN and Greater China in new role