Fergus Price

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Negative interest rates are a threat to Europe's financial stability

Central bankers are at it again. After having taken policy rates precipitously to zero following the global financial crisis of 2008 and experimented with the new instruments of quantitative easing and forward guidance, they are back in the lab. The new gadget is called negative interest rate …

What “Negative” Interest Rates Are, and What They Mean for Global Economies

What if a bank’s interest rates were so low, they actually <i>charged</i> you to keep your money there? And what if you could take out a loan without paying …

Doctors, Lawyers, Tech Workers Make Top-Paying Jobs List

Jobs in technology, law, finance and healthcare command the highest salaries, according to a new roundup of the 25 best-paying positions by job search site Glassdoor.<p>Physicians make the most, with a median annual salary of $180,000. Lawyer and research and development manager come int at numbers …

Associated Press News

ECB cuts eurozone interest rate to zero to jump-start economy

The European Central Bank has surprised financial markets by cutting interest rates in the eurozone to zero, expanding its money printing programme and reducing a key deposit rate further into negative territory as it seeks to revive the economy and fend off deflation.<p>ECB can only buy time, not …

Economics