Negative Rates New Norm?

Negative Rates New Norm?

“Now that Sweden and Switzerland have shown that negative benchmark interest rates don’t necessarily result in flights to cash, asset bubbles or banking strains, the global giants of central banking may be more willing to embrace sub-zero borrowing costs the next time their economies slide.” According to some experts, this could become the new orthodox. Some policy makers and economists are already changing their minds about negative rates.

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