How strange is a negative interest rate?

How strange is a negative interest rate?

29-02-2016, Wealtheon

Do you imagine having to pay to keep money on your bank account? Despite the idea sounding so strange, the ECB has kept its headline interest rate below zero for almost two years now. In June 2014, the rate was reduced to -0.1%. In September 2014, it fell to [...]

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Interest rate
Interest rate rises are just around the corner

Interest rate rises are just around the corner

15-06-2013, Column

You probably remember the 1990s when long-term interest rates were up above 9%. Nowadays, the same rates are around the 1.5% mark. Over the past 23 years, interest rates on balance have fallen consistently. This has meant mortgages have been issued at increasing [...]

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Interest rate