My mother was with her sister and my grandmother in Dresden when it was bombed. They were the only ones to come out of the cellar alive. 1/7  BIS central bankers' speeches  That was obviously something we talked about. Something very important. We also talked a lot about what happened after 1945, how my mother had suffered from terrible hunger.
We also reduced the maximum interest rate paid on funds held at the Central Bank without full minimum requirements from 75 to 50 percent of the BADLAR rate for private banks; and reduced the interest rate paid on the liquidity requirements on money market funds from a nominal year-over-year 2.55 percent rate to a nominal year-over-year 0.5 percent rate.