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Negative Rates

Bank of England Prepares for Negative Interest Rates

The Bank of England is preparing for Negative Interest Rates.

#BOE #InterestRates #HeiseSays

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The Bank of England is preparing for Negative Interest Rates by asking Banks about the implications of shifting to zero or negative rates. Simply the latest tool in modern monetary policy or a sign of desperation?

References

Bank of England asks banks about readiness for negative rates
https://www.cnbc.com/2020/10/12/bank-of-england-asks-banks-about-readiness-for-negative-rates.html