The central bank will charge commercial depositors to hold money in its vaults — a move meant to stimulate the economy amid global market turmoil.
Source: Bank of Japan, in a Surprise, Adopts Negative Interest Rate – The New York Times
The central bank will charge commercial depositors to hold money in its vaults — a move meant to stimulate the economy amid global market turmoil.
Source: Bank of Japan, in a Surprise, Adopts Negative Interest Rate – The New York Times