Negative Interest Rates

By Jana Randow, Yuko Takeo and Paul Gordon | Bloomberg, Washington Post: Business
Tue, 08/04/2020 - 6:26am

For more than half a decade, a basic truism of finance has been turned upside down. Interest rates — which normally reward savers and charge borrowers — have been set below zero by central banks in a handful of big countries. That means savings are losing value and borrowers can be paid to take out a loan.

Topics: europe japan negative interest rates borrowers

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Negative Interest Rates

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