Bloomberg Daybreak EU

Nordea's Pedersen: Brexit Weighs on European Monetary Policy

(Bloomberg) -- Brexit would weigh on monetary policy across Europe, prolonging the period for negative rates, says Helge J. Pedersen, Group Chief Economist at Nordea Markets. He told First Word Europe's Anna Edwards that uncertainty in the markets following a Brexit would put pressure on the Danish krone, forcing central bank action in order to defend the krone's peg to the euro. That's despite Pedersen issuing some scepticism as to the effects of negative rates.

Apr 26, 2016