Negative Interest Rates and the ECB’s Brave New Credit World – Sonnenberg & Schnabl
While the US Federal Reserve is making significant efforts to prevent the money market rate from falling below zero with the help of so-called reverse repurchase agreements, negative interest rates are appearing in a number of the euro area’s financial markets. Why is this happening? And what does it mean for wealth and prosperity in the […]
Source: https://wallstreetwindow.com/2021/11/negative-interest-rates-and-the-ecbs-brave-new-credit-world-sonnenberg-schnabl/
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