Powered by WPeMatico
Category: Negative Interest Rates
Auto Added by WPeMatico
The Global Economy Comes Before Savers: ECB President Christine Lagarde Defends Negative Interest Rates
Powered by WPeMatico
Report: Banking Giant Natwest to Refuse Service to Businesses That Accept Cryptocurrencies
Powered by WPeMatico
300 Banks in Germany Charge Negative Interest Rates Including Deutsche Bank, Commerzbank, ING
A new report reveals that more than 300 banks in Germany are now charging some customers negative interest rates. Some are big global banks, including Deutsche Bank, Commerzbank, and ING. 300 Banks Pass on the Burden of Negative Interest Rates to Customers Banks in Germany have been increasingly passing on the burden of negative interest […]
The post 300 Banks in Germany Charge Negative Interest Rates Including Deutsche Bank, Commerzbank, ING appeared first on Bitcoin News.
Powered by WPeMatico
Bank of England Moves Closer to Negative Interest Rates, Asks Banks if They Are Ready
The Bank of England has moved closer to adopting a negative interest rate policy. The central bank has asked commercial banks in the U.K. to provide details of how ready they are to deal with negative interest rates, asserting that for the policy to be effective, commercial banks need to be ready to implement it. […]
The post Bank of England Moves Closer to Negative Interest Rates, Asks Banks if They Are Ready appeared first on Bitcoin News.
Powered by WPeMatico
UK Mulls Over Negative Interest Rates, US to Keep Near Zero Rates for Years
The Bank of England is now seriously considering implementing negative interest rates while the U.S. Federal Reserve has pledged to keep interest rates near zero for years. Some analysts say even the Fed will soon consider negative interest rates. Meanwhile, many expect a boost to the price of bitcoin. Central Banks Mull Over Negative Interest […]
The post UK Mulls Over Negative Interest Rates, US to Keep Near Zero Rates for Years appeared first on Bitcoin News.
Powered by WPeMatico
Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates
Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates. Germany Enters Recession The German economy is now in a recession according to data released Friday by the […]
The post Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates appeared first on Bitcoin News.
Powered by WPeMatico
80 Banks Charge Negative Interest Rates as Crisis Deepens in Germany
Amid the coronavirus pandemic and deepening financial crisis, the number of banks charging customers negative interest rates in Germany has accelerated. At least 80 banks now reportedly charge negative interest rates, 16 of which apply this policy to even small deposits. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed […]
The post 80 Banks Charge Negative Interest Rates as Crisis Deepens in Germany appeared first on Bitcoin News.
Powered by WPeMatico
Disney World Economics: How Coronavirus Could Be Used to Justify a Global Financial Reset
‘What in the world is going on’ has now become a question of real pertinence, instead of just a cliché for common bewilderment. As COVID-19 panic grips the world, ripple effects are crashing markets and effectively canceling economies across the globe, scrawling the writing on the wall for something big. Even the beloved Walt Disney […]
The post Disney World Economics: How Coronavirus Could Be Used to Justify a Global Financial Reset appeared first on Bitcoin News.
Powered by WPeMatico
Max Keiser Predicts $400,000 BTC on Alex Jones Show, Jones Compares Bitcoin to ‘Power of Fire’ From the Gods
The moment many conspiracy-minded bitcoin enthusiasts have been waiting for arrived yesterday when Info Wars muckraker Alex Jones compared bitcoin to a “power of fire” gifted from the gods to humankind. The bold commentary took place in the context of a Max Keiser interview, in which the Keiser Report host declared a new $400,000 target […]
The post Max Keiser Predicts $400,000 BTC on Alex Jones Show, Jones Compares Bitcoin to ‘Power of Fire’ From the Gods appeared first on Bitcoin News.
Powered by WPeMatico