Bank of England Considers Negative Interest Rate

Paul Greaney
By Paul Greaney
September 18, 2020NTD Business
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The UK’s central bank is considering negative interest rates for the region. This will make it cheaper to borrow money but will also mean people could have their savings whittled away if they’re deposited at a bank. We asked Daniel Lacalle, chief economist at Tressis Hedge Fund, what he thinks.

 

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