Anda belum login :: 23 Nov 2024 19:19 WIB
Home
|
Logon
Hidden
»
Administration
»
Collection Detail
Detail
Negative Response; The Bank of England
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 406 no. 8825 (Mar. 2013)
,
page 51.
Topik:
International
;
Interest Rates
;
Regulatory Reform
;
Proposals
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.75
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Negative interest rates--as floated by Paul Tucker, a deputy governor of the Bank of England, on February 26th--sound scary: nobody wants to be charged for storing cash in a bank. They will not appear soon, if ever. But Mr Tucker's musing is welcome all the same, because it suggests the Bank of England is in easing mode. Just as households and firms hold deposits in high-street banks, so those banks park their cash at the Bank of England. Because of the central bank's quantitative easing (QE) policy, in which money is created to buy bonds, there is more cash in the system and banks' deposits have swollen. Yet lending to firms has been falling for nearly four years, and borrowing rates are creeping up (see chart). Mr Tucker's idea would cut the return on banks' deposits from its current rate of 0.5%, and instead levy a small charge. To offset this, banks might seek out assets with a better return, such as customer loans.
Opini Anda
Klik untuk menuliskan opini Anda tentang koleksi ini!
Kembali
Process time: 0.015625 second(s)