An increasing number of business executives and economists have spoken up against adopting a negative interest rates policy for long.
appeared to be laying the groundwork for a similar move. Having negative rates essentially means that deposits incur a charge — instead of receiving interest — for staying in a bank.
Such a policy is intended to encourage firms and households to borrow and spend, which would in turn increase economic activity and growth. But negative interest rates are bad for the profitability of banks, and could encourage a build-up in debt to an extent that harms the economy, warned theThe IMF, in its October Financial Stability Report, said rising debt levels and weakened debt-servicing capacity have elevated vulnerabilities in the corporate sector in several economies.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
JPMorgan's Jamie Dimon dings Facebook's cryptocurrency Libra, saying it will never happenJPMorgan CEO Jamie Dimon is a Libra detractor. Dimon is just the latest in a slew of people and businesses who have expressed skepticism.
Lire la suite »
JPMorgan Chase CEO Jamie Dimon announces PolicyCenter - Business InsiderJPMorgan Chase has built a public policy center in DC and its first plan is to help people with criminal records get jobs. CEO Jamie Dimon told us why.
Lire la suite »
JP Morgan is at risk of losing big on its WeWork bet, a major potential blow to CEO Jamie DimonJP Morgan's investments in WeWork are at risk, and the bank is losing out on many millions of dollars in fees that would've come from leading the IPO.
Lire la suite »
Long-haul, fuel efficient jets underpin demand at Las Vegas air showAs demand for long-range jets grows and buyers prioritize fuel efficiency, the world’s biggest business jet makers gather at the annual corporate aircraft show in Las Vegas to showcase their offerings
Lire la suite »
Elizabeth Warren to release long-sought-after plan to fund Medicare for AllDemocratic presidential hopeful Sen. Elizabeth Warren says she will put out a plan in the next few weeks that details how she intends to pay for Medicare for All.
Lire la suite »
Rethink A Long-Term Buy-And-Hold Investment StrategyAs long as markets have existed, investors have tried to maximize gains and minimize losses by timing the market.
Lire la suite »