Negative interest rates: evolution not revolution

Close to seven years of negative rates throughout most of Europe offers lessons to be learnt. The UK is on notice to prepare
by Paul Bryant

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When we talk about a country having a negative interest rate policy, we refer to the interest rate paid by banks on deposits with their respective central banks. In countries that have a positive interest rate policy, the central bank pays interest to banks for the deposit they hold. In the UK, this is known as the bank rate, in the eurozone, the deposit facility rate, and in the US, the federal funds rate.
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Published: 09 Apr 2021
Categories:
  • Financial Planning
  • Wealth Management
  • International regulation
  • Corporate finance
Tags:
  • wealth management
  • US
  • negative interest
  • isa
  • interest rates
  • financial planning
  • European Central Bank
  • Covid-19
  • banks
  • Bank of England

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