Jul 09
Interest Rates go Negative: Compare Riksbank (Sweden) with our Federal Reserve - David Kotok, Chairman & Chief Investment Officer - Negative nominal interest rates are very hard to understand intuitively. That said, we now have a central bank using them. … Sweden’s reserve deposit rate was set a -0.25%. That’s right. A negative interest rate is now at work in one of the G-10 countries . This rate means a penalty is charged against a deposit placed in the central bank un
