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Negative interest rates?
What about negative interest rates?
Negative interest rates turn this arrangement on its head.
Carney said he was strongly opposed to negative interest rates.
Elsewhere the Swiss central bank moved to negative interest rates.
Some other countries already allow negative interest rates.
He said European banks aren't passing on the negative interest rates to consumers.
Will it impose negative interest rates on bank deposits, as the OECD advised today?
It needs new smart monetary policies that allow negative interest rates.
"With negative interest rates throughout the world, it's the greatest opportunity to rebuild everything.
"It is beginning to dawn on investors that negative interest rates hurt the sector," said Dwane.
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