BlackRock joins JPMorgan, restricting money into European money-market funds following the ECB's...

|By:, SA News Editor

BlackRock joins JPMorgan, restricting money into European money-market funds following the ECB's move to cut deposit rates to 0%. Unintended consequences: Could the slide in European shares and the euro since yesterday's announcement have more to do with the possible havoc on money markets caused by a 0% deposit rate? (JPM earlier)