Swiss Bank Hits Customers With Negative Interest Rates; Crazy? What About Velocity?
MishTalk
NOVEMBER 24, 2015
With its balance sheet totalling nearly 1.6 The Situation With the fallout limited so far, policy makers are more willing to accept sub-zero rates. The Background Negative interest rates are a sign of desperation, a signal that traditional policy options have proved ineffective and new limits need to be explored.
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