OPINION

Negative interest rates are not a magic pill for growth

UNTIL recently, the spectre of negative interest rates seemed a distant one – afflicting parts of Europe since around 2015, and Japan in 2016.

Today, the possibility that negative rates might permeate a wider swath of the world is not as far fetched as it might have seemed just a year or…

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Negative interest rates are not a magic pill for growth

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