BIS's Benoit Coeure Says Negative Rates in Euro Area Likely Until 2025

Jul.03 -- The euro zone might not see positive interest rates for another five years, according to former European Central Bank board member Benoit Coeure, who is now head of the innovation hub at the Bank for International Settlements. Coeure spoke on the sidelines of the Aix-en-Seine economic conference from Paris with Bloomberg’s Nejra Cehic on “Bloomberg Surveillance.”