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    Negative interest rates

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Thursday, 5 January, 2023
      Capital markets
      Global negative-yielding debt wiped out by Japan policy shift

      Market value of such bonds falls to zero for first time since 2010

    • Tuesday, 20 September, 2022
      Sweden
      Sweden’s rate rise is biggest in three decades

      Riksbank’s 1 percentage point increase comes as other central banks are expected to take similar action

    • Tuesday, 20 September, 2022
      News in-depthCentral banks
      End of sub-zero: Europe ditches negative rates as inflation surges

      Critics insist policy damaged bloc’s lenders while some central bankers say it boosted loan growth

    • Tuesday, 19 July, 2022
      European Central Bank
      ECB to discuss ending negative rates with 50 basis point move

      Speculation of bigger than expected move intensifies ahead of key vote on Thursday

    • Monday, 28 March, 2022
      Sovereign bonds
      RIP sub-zero yielding bonds?

      Finish him.

    • Tuesday, 9 November, 2021
      News in-depthGlobal Economy
      Inflation surge fuels negative real interest rates for leading economies

      Central banks are reluctant to tighten too abruptly arguing spike in prices is transitory

    • Thursday, 8 April, 2021
      Free LunchMartin Sandbu
      Negative interest rates have a bright future ahead of them Premium content

      Sooner or later, monetary loosening will be needed. Delivering it with sub-zero rate cuts looks increasingly sensible

    • Thursday, 4 February, 2021
      UK interest rates
      BoE expects vaccine-fuelled economic recovery in second half of 2021

      Monetary Policy Committee leaves door open for negative interest rates if upswing disappoints

    • Tuesday, 12 January, 2021
      LexUBS Group AG
      UBS/negative rates: parking charges Premium content

      Loss of a few clients will not hurt too much but wider squeeze on profitability is bigger problem for Swiss banks

    • Thursday, 26 November, 2020
      Lessons from Japan
      What Mrs Watanabe can tell us about how to handle low returns

      Lessons from Japan: early experience of ultra-low rates now relevant to investors around world

    • Thursday, 29 October, 2020
      Serious MoneyClaer Barrett
      Could negative rates signal the end of free banking?

      HSBC hints it will soon look at charging for current accounts

    • Monday, 12 October, 2020
      LombardKate Burgess
      Pearson’s chairman needs more lessons on how to say ‘no’

      Sidney Taurel risks being cut from the middle of Pearson’s muddle; UK banks beware negative interest rates

    • Monday, 12 October, 2020
      Bank of England
      BoE asks banks how ready they are for negative rates

      Letter seeks information on potential impact of further cuts to borrowing costs in UK

    • Tuesday, 29 September, 2020
      UK interest rates
      BoE ‘mixed messages’ keep everyone guessing on negative rates

      Latest comments from policymakers on central bank’s intentions have served to confuse rather than clarify

    • Tuesday, 29 September, 2020
      Lex
      Negative interest rates/BoE: from zero to hero Premium content

      Potential benefits of negative rates should not be dismissed but the timing matters

    • Monday, 28 September, 2020
      BoE deputy governor opposes negative interest rates

      Dave Ramsden says current benchmark is the ‘effective lower bound’

    • Wednesday, 26 August, 2020
      Pandemic may offset some benefits of negative rates, ECB official warns

      Banks grappling with sub-zero rates are set for higher loan defaults, says board member Isabel Schnabel

    • Thursday, 20 August, 2020
      Markets InsightLotta Moberg
      Today’s ultra-low interest rates are anything but ‘natural’

      Policymakers who have cut rates repeatedly should not be let off the hook so easily

    • Monday, 27 July, 2020
      ExplainerCharts that Matter
      Desperate hunt for yield forces investors to take ‘extreme risk’

      More than 60 per cent of the global bond market now yields less than 1 per cent

    • Monday, 20 July, 2020
      Jacques de Larosière
      Negative interest rates cannot save indebted economies

      Setting the price of money below zero creates more problems than it purports to solve

    • Tuesday, 14 July, 2020
      Unhedged
      Investors face an uncharted course Premium content

      Mike Mackenzie’s daily analysis of what’s moving global markets

    • Thursday, 9 July, 2020
      FTfmAmin Rajan
      Negative interest rates can be a doom loop for pension investors

      Fixed income is turning into fixed expense for those who seek haven assets for capital conservation

    • Thursday, 18 June, 2020
      European Central Bank
      Banks rush to borrow record €1.3tn at negative rates from ECB

      Central bank offers ultra-cheap loans to prevent pandemic becoming credit crunch

    • Tuesday, 16 June, 2020
      Japanese economy
      Bank of Japan pledges $1tn in coronavirus loans

      Central bank keeps monetary policy on hold and signals no rise in rates before 2023

    • Tuesday, 16 June, 2020
      Bloomberg LP
      Bloomberg urges users to get set for negative US rates

      Recommendation to switch pricing model comes as markets consider a Fed move below zero

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