Tag: Interest

ECB Keeps Subzero Interest Rates and Open-Ended QE Worth €20B a Month But Launches Policy Review

ECB Keeps Subzero Interest Rates and Open-Ended QE Worth €20B a Month But Launches Policy Review The European Central Bank (ECB) has launched an extensive review that will examine a wide range of its policies by the end of this year. Under its new president, Christine Lagarde, the bank will […]

Low Interest Rates Provide Precarious Protection Against Crisis, World Bank Warns

Low Interest Rates Provide Precarious Protection Against Crisis, World Bank Warns The latest global debt wave is the largest in the past five decades, the World Bank has acknowledged in a new report. The international institution notes that previous waves of broad-based debt accumulation lead to widespread financial crises. Historically […]

Fidelity Launching Crypto Services in Europe, Citing ‘Significant Interest’

Fidelity Launching Crypto Services in Europe, Citing ‘Significant Interest’ Fidelity Investments is expanding its crypto services to European clients after seeing increasing potential in this market. The expansion builds upon the company’s U.S. crypto business. “We’ve seen significant interest and engagement by the institutional community, which show no signs of […]

German Banks Increasingly Charging Retail Clients Negative Interest Rates

German Banks Increasingly Charging Retail Clients Negative Interest Rates A growing number of banks in Germany are charging retail customers negative interest rates, starting with the very first euro deposited into their accounts. At least three German banks are reportedly doing so, with more expected to follow suit in the […]

The Country With Europe’s Highest Interest Rate Has Cut It 5 Times This Year

The Country With Europe’s Highest Interest Rate Has Cut It 5 Times This Year Around half of European countries, over 20, now have 0% interest rates and a few are already in negative territory. Ukraine, which has the highest benchmark interest rate on the continent, has just reduced it again, […]

European Banks Struggle With Low Interest Rates and Strict Regulations

European Banks Struggle With Low Interest Rates and Strict Regulations Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate […]

‘In Small Steps’ China Cuts Benchmark Interest Rates

‘In Small Steps’ China Cuts Benchmark Interest Rates Careful not to rush too much with stimulus, the Chinese government nevertheless realizes that its behemoth economy is invariably slowing down. New loan interest rate cuts have been announced recently to encourage bank lending and borrowing in the private sector. With a […]

As Halving Interest Grows, Spectators Discuss Miner Hoards and Capitulation

As Halving Interest Grows, Spectators Discuss Miner Hoards and Capitulation Recently, cryptocurrency advocates have been discussing the upcoming halvings set to happen on the BTC and BCH blockchains in six months or less. Since crypto prices have been heading southbound, the SHA256 consensus hashrate continues to remain relatively unfazed and […]

Survey: 58% of German Banks Charge Negative Interest Rates

Survey: 58% of German Banks Charge Negative Interest Rates Germany’s central bank, the Deutsche Bundesbank, has conducted a survey of banks charging negative interest rates on customer deposits. Some are charging retail customers as well as corporate clients. An independent price comparison portal shows which banks are currently charging for […]