Translation of "Negative zinsen" in English

Of course, negative nominal rates do not represent a normal state of affairs.

Negative interest rates and loans – What to do?

At its worst, monetary policy of sub-zero rates could encourage a deflationary spiral.

Due to the forecasted rise in interest rates, we no longer expect negative interest rates in the eurozone over the medium term.

Western central banks are even considering setting negative NOMINAL interest rates.

Negative rates are a huge challenge to the financial system.

If a positive interest rate doesn’t suffice, then a negative interest rate should do the trick.

Low or negative interest rates are a worldwide trend which Switzerland cannot escape.

Indeed, negative interest rates are a relatively recent addition to the central banking toolbox (Slide 8).

Extremely low or negative interest rates challenge our assessment of equity as well as fixed-income markets.

Who else would be naïve enough to think that negative interest rates were a good idea?

In fact, the Greek philosophers also took a very negative view of interest.

This value can serve as an error indicator because you never pay negative interest on a loan.

Yet, they allow negative interest rates and inflation to gradually reduce their assets.

Similarly, Bank of Japan Governor Haruhiko Kuroda insists that so-called QQE (quantitative and qualitative easing) has ended a corrosive deflation – even though he has now opted for negative rates and pushed back the BOJ’s 2% inflation target to mid-2017.

In January, the BOJ went further and introduced negative deposit rates on commercial banks’ mandatory reserves, which markets interpreted as a confusing act of desperation.

Will you be motivated to invest your own money now that it earns lower (perhaps even negative) interest?

Central bankers must demonstrate that they understand the political pressures and unusual circumstances that zero, or even negative, interest rates create.

The Bank of Japan has launched one arrow, expanding the monetary base to ¥80 trillion ($710 billion) and more recently adopting negative interest rates.

And, having run negative real interest rates, printed money, plowed in liquidity, and subsidized commercial banks, central bankers everywhere – most recently US Federal Reserve Chairman Ben Bernanke – appear to have concluded that they, too, have reached the limit of what they can do.

Likewise, Bank of England Governor Mark Carney has pointed out that countries using negative interest rates (including, most recently, Japan) are, by forcing currency devaluation, exporting weak demand – ultimately a zero-sum game.

If ideas like negative interest rates and higher inflation targets sound dangerously radical, well, radical is relative.

Fed chair Janet Yellen tried to reassure markets in a speech at the end of August, suggesting that a combination of massive government bond purchases and forward guidance on interest-rate policy could achieve the same stimulus as cutting the overnight rate to minus 6%, were negative interest rates possible.

While this might seem problematic, the reality is that the negative impact of higher rates in the periphery is likely to be limited.

As the rich became richer, the middle classes were squeezed by near-zero nominal interest rates, which, in real terms, were actually negative.

Previously, emphasis had been placed on boosting aggregate demand – primarily by lowering the cost of borrowing, but also by spurring wealth effects from appreciating financial assets. But now, by imposing penalties on excess reserves left on deposit with central banks, negative interest rates drive stimulus through the supply side of the credit equation – in effect, urging banks to make new loans regardless of the demand for such funds.

In the period between 2008 and 2012 TRAINOSE had negative earnings before interest taxes, depreciation, and amortisation (EBITDA).

As you know, he has just lowered the official interest rate and set negative rates for bank reserves at the ECB.