San Francisco Fed President:
One of the ‘unexpected consequences’ of negative rates is that they hurt bank profits. Funny though, the Fed didn’t seem to mind that QE was the greatest gift to bank profitability in history.
Forex – financial instrument.Forex news
San Francisco Fed President:
One of the ‘unexpected consequences’ of negative rates is that they hurt bank profits. Funny though, the Fed didn’t seem to mind that QE was the greatest gift to bank profitability in history.