Why negative interest rates won’t work
Bank of Canada Governor Stephen Poloz is a big fan of metaphors, so here are a few to explain why negative interest rates are a bad idea for Canada
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negative interest rates
Negative interest rates? That’s a negative.
Interest rates in Japan and Europe are now less than zero. That’s not a disaster—but it could lead to one.
What exactly are negative interest rates anyway?
Economist Paul Beaudry explains the new thinking around negative interest rates and how they would impact consumers were they implemented in Canada