Negative Interest Rate Policies May Be Part Of The Problem – PIMCOGuest Post
Negative Interest Rate Policies May Be Part Of The Problem by Scott A Mather, PIMCO
Investors may see these experimental policy moves as damaging to financial and economic stability.
Central banks around the world are developing a newfound fondness for experimenting with negative interest rate policy (NIRP) despite unknown consequences and what appears to be a chilling effect on financial markets.
After initially rejecting the idea given the uncertainties and potential for collateral . . .
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