ECB: Decent chance of a negative deposit rate, just not in June; Fed to taper in 2013

The European Central Bank has been more outspoken about the possibility of setting a negative deposit rate, but this does not come without complications. The whole system is based on the ECB paying banks, not the other way around Simon Smith of FxPro.  In the interview below, Smith also assesses that the Fed will taper QE
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