#BOE #InterestRates #HeiseSays
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