Negative Interest Rates – The Great Experiment

By |2016-07-21T14:14:18+00:00July 21st, 2016|Categories: On Our Minds, Uncategorized|Tags: , , , |

The Federal Reserve remains committed to raising the Federal Funds rate, a benchmark that can affect the interest rates charged on many types of consumer credit.  But abroad, a different experiment is underway.  As of late April 2016, six foreign central banks have adopted negative interest rates in an effort to stimulate their national economies.  On [...]