6 () posted 58 days ago by BuckeyePatr1ot 58 days ago by BuckeyePatr1ot +8 / -2 15 comments share 15 comments share save hide report block hide replies
Japan (BOJ) — went to –0.1% in 2016 and stayed there for years. Goal: weaken the yen + fight deflation.
Eurozone (ECB) — –0.5% deposit rate from 2014–2022. First major economy to go deep into the negative territory.
Switzerland (SNB) — hit –0.75%, one of the lowest in the world, to keep the franc from rocketing in value.
Denmark — ran –0.75% as well. Mainly to defend their currency peg to the euro.
Sweden (Riksbank) — went negative in 2015, bottoming at –0.5%, then climbed back out in 2019.
goalpost moving ASAP
it's ok for Japan and EU to do it but when POTUS does it, it's inherently bad
gg TDS
They already do that with inflation. You suck at this.
how do you know the inner working of trumps negative interest plan?
Obviously we're talking about institutional rates...
Did you seriously think Trump's plan was to go down to you local branch and have them set the interest rates?
You are a glutton for punishment 🤣