Mattress space running short?
Well negative rates that are suppose to push people to spend, invest with a little of inflation by charging people with money to keep their deposits. As usual the markets find a different way.
Well negative rates that are suppose to push people to spend, invest with a little of inflation by charging people with money to keep their deposits. As usual the markets find a different way.
Ignoring the headline nonsense, the real matter is, how are negative interest rates in Europe impacting people at the conference? If you are one of the 159 attendees from Switzerland, negative rates may be on your mind. CNN summarized well the cost involved. What is interesting are the reports of requests for large cash withdrawals.