Negative Interest Rates

Apr 4, 2016 | Interest Rates, Oil

Janet Yellen, of California, President Barack Obama's nominee to become Federal Reserve Board chair, testifies on Capitol Hill in Washington, Thursday Nov. 14, 2013, before the Senate Banking Committee hearing on her nomination to succeed Ben Bernanke. (AP Photo/Jacquelyn Martin)

One of the interesting things in the past year is the very clear awareness that low oil prices are not all good, and that there is a negative aspect as well.

Same deal with interest rates.

While it’s nice to have low cost of borrowing, a negative interest rate could be deadly to many industries of our vibrant economy, and big parts of the stock market indexes.

Full Article — Economists at Global Bank Body Warn of Risks from Negative Interest Rates