Wednesday, May 11, 2016

TheStreet: Below Zero: Why The U.S. Might Join The Negative-Rate Club

By SIMON CONSTABLE

he U.S. is becoming something of a rare breed in the developed world: It still has interest rates above zero.
While both Federal Reserve Chair Janet Yellen and her predecessor, Ben Bernanke, have downplayed the likelihood of negative rates in the U.S., especially in the near future, there's still a chance the world's largest economy might follow in the footsteps of Japan, Sweden, Switzerland and Europe's single-currency area, known as the eurozone. Read more here.

No comments: