BFM Podcast
Negative rates - Good or Bad?
Paul Donovan, Senior Global Economist | UBS Investment Bank
20-Jul-16 08:51
The negative interest rate model has been adopted for over a year now by some European central banks, with Japan recently following suit. The model involves paying borrowers and penalizing savers in bid to increase lending, spur inflation and jump start the economy after other options have been exhausted. We explore how effective this model has been and its long term implications to the global economy.
This is a report by Wei Lynn Tang.
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