Liveblogging World War II: December 19, 1944: Siege of Bastogne
Hoisted from Other People's Archives from 2010: David Blanchflower: Welcome Back to 1930s Britain

Morning Must-Read: David Jolly: Swiss National Bank to Adopt a Negative Interest Rate

David Jolly: Swiss National Bank to Adopt a Negative Interest Rate: "Switzerland is introducing a negative interest rate...

...on deposits held by lenders at its central bank, moving to hold down the value of the Swiss franc amid turmoil in global currency markets and expectations that deflation is at hand. The Swiss National Bank said in a statement from Zurich on Thursday that it would begin charging banks 0.25 percent interest on bank deposits exceeding a certain threshold, effective Jan. 22...

Comments