BoE's Bailey re-thinking sub-zero rates, but says reviews are mixed
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LONDON (Reuters) - Bank of England Governor Andrew Bailey said he was less opposed to negative interest rates than before the coronavirus crisis escalated, but that there were "mixed reviews" about how well they had worked for other central banks.Bailey said the BoE was not ruling out taking rates below 0% for the first time, but it was "not ruling it in" either."(We're) looking very carefully at the experiences of those other central banks that have used negative rates, and a number of them are..