Ví dụ về việc sử dụng Negative rates trong Tiếng anh và bản dịch của chúng sang Tiếng việt
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But negative rates may create financial instability in other ways.
In many places like the European Union, Sweden or Denmark,the central banks imposed negative rates.
High and long negative rates, ultimately, are problematic for the banks.
Meanwhile, the regulator continues the stimulating policy of negative rates and large-scale buying up of assets.
If negative rates can scare people into saving more, perhaps very low rates can too?
Mọi người cũng dịch
When the Czech National Bank met in the first week of February,it raised the possibility of introducing negative rates.
You tend to see negative rates in the larger economies at times when growth is quite low and inflation is quite low.
But it would also spark a race to thebottom as the United States tries to compete with negative rates in Europe and Japan.
I do notthink we would be looking at using negative rates,” Powell told reporters, following last month's FOMC meeting.
The 10-year bond, for example, currently yields 2.74 per cent a year,a far more appealing proposition than the negative rates on offer elsewhere.
Offering credit at negative rates distorts incentives for investment, potentially fuelling asset bubbles that could pop with devastating consequences.
Gold, in times of uncertainty andespecially in days of uncertainty laced with negative rates, looks pretty good," he concedes.
Of the banks said they were levying negative rates on some corporate deposits and 23% said they were doing the same for retail depositors.
In that environment, the nearly US$16 trillion U.S. Treasurymarket could get drawn into the vortex of negative rates, triggering a dangerous financial malady.
Cannon said negative rates would also be bad news for online brokers, since they are so dependent on the health of the broader market for their revenue.
According to Bloomberg experts, lowering the rate on euro deposits to -0.5% willincrease banks' expenses associated with servicing negative rates by 60%.
Negative rates are supposed to then ripple through economies by lowering the cost of borrowing for everyone- something that should encourage economic growth.
Since cash carries an implicit rate of interest of 0%,consumers might well respond to negative rates by withdrawing money from banks and stuffing it in their mattresses.
The prospect of more deeply negative rates is particularly painful for Deutsche Bank, which recently announced a massive turnaround effort that includes 18,000 job cuts.
We expect an overly tight credit conditionswould affect the schedule of ECB's removal of negative rates, especially when we are facing moderation of global economic growth.
But the cost of penalty or negative rates still squeezed its income by more than 200 million euros in 2016- roughly a third less than its net profit for the full year.
Furthermore, should there be a need for China to turn to an unconventional monetary policy toolkit,digitized currency would allow it to apply negative rates even for people holding digital cash.
Negative rates and anti-globalization policies are far more dangerous than anything else and I believe this is going to force the governments to do fiscal spending.
Trump has repeatedly urged the US central bank to lower rates to below zero,arguing that negative rates in Europe and elsewhere give those countries a competitive advantage.
Negative rates, which have been in effect in Switzerland since 2015 and the 19 countries that use the euro since 2014, are meant to encourage borrowing and stimulate the economy.
So unless things get really bad for the broader economy, the Fed will likely resist the calls from Trump and the bond market to go back to zero orexperiment with negative rates.
If currencies fall by enough, then negative rates might just pay off- provided that sinking prices elsewhere don't lead ever more of the global economy to take the plunge into sub-zero waters.
The U.S. doesn't need negative interest rates, because it doesn't have the EU's problems but it does have other problems unique to theU.S. dollar that could spell disaster if negative rates were enforced.
ECB policy-makers are leaning toward a package that includes a rate cut, a pledge to keep rates low for longer andcompensation for banks over the side-effects of negative rates.
In Sweden, where the vast majority of payments don't use cash and many bank branches won't even accept cash deposits and withdrawals,the central bank argued last year that negative rates function better in a cashless society.