Negative Interest Rates

29/07/2019 20 min
Negative Interest Rates

Listen "Negative Interest Rates"

Episode Synopsis

Last week, the European Central Bank decided to keep interest rates below zero and president Mario Draghi hinted at cutting the rate even more.  This week, John and Sam explain negative interest rates. How do they work and who would buy a security that is guaranteed to lose money?  How will it affect the U.S?