How Will the ECB Fight the Economic Impact of the Virus Outbreak?

The video discusses the European Central Bank's (ECB) challenges in dealing with economic crises, focusing on the limitations of conventional monetary measures and the need for unconventional approaches. It highlights the role of negative interest rates and their impact on banks and the economy. The discussion also covers the debate on whether the ECB should further cut rates, considering the potential burdens and benefits. The video emphasizes the importance of targeted measures to support small and medium-sized enterprises and the real economy.

What are the potential impacts of not cutting rates according to the discussion?

What criticisms are associated with negative interest rates as mentioned in the text?