English: Interest rates as set by the Bank of England’s Monetary Policy Committee from its inception in 1997 to the present day (2010). (Photo credit: Wikipedia)
Interest Rates (Photo credit: 401(K) 2012)
This is a really interesting story reported in the FT and well worth a read. Check it out!
As I read the article the following questions came to mind:
- Will we see negative interest rates from the ECB in the next twelve month?
- Will we see negative interest rates from the Bank of England in the next twelve month?
- What are the wider implications of negative interest rates?
Dr Alf's Blog 