Tag Archives: negative interest rates

The Central Bank Casino…BOJ, Fed, Real Estate And Mortgage Rates!

Zirp and Nirp

(Note: This article also appears at econintersect.com) This week both the Bank of Japan and the Federal Reserve will be meeting to chart the future course of interest rates! In the U.S. where prior to the recent small interest rate hike ZIRP or zero interest rate policy had been in place, speculation over whether the Fed will raise or stand […]

Impact Of Surprise Pulling Of Swiss Franc Euro Peg

(Article also appears at Global Economic Intersection here) While not a currency expert, there is little doubt that the Swiss National Bank surprise decision to abandon the 1.20 Swiss franc peg to the Euro will have significant market and economic implications! And in addition to the currency move, at the same time the Swiss Central Bank […]