Explanations
Negative interest rates defy gravity
Geoff Riley
9th June 2016
Here is a cartoon explainer on why official interest rates are now negative in a quarter of the global economy without causing, so far, massive cash withdrawals.
- Economics
- Blog
- Explanations
- Negative Interest Rates
- Monetary policy
- European Central Bank (ECB)
- Quantitative easing (QE)
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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