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EDITORIAL

Uncharted waters of negative interest rates create new uncertainties, risks

Friday, March 11, 2016 - 05:50

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The phenomenon of negative interest rates is worrying. Since the global financial crisis of 2008, global central banks have trod unconventional paths in their efforts to stimulate growth and reduce their country's or region's respective debt burdens.

THE phenomenon of negative interest rates is worrying. Since the global financial crisis of 2008, global central banks have trod unconventional paths in their efforts to stimulate growth and reduce their country's or region's respective debt burdens.

The first phase saw central banks

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