Interest rates are the return on lending money or, alternatively, it is the price of money. All savers are lenders - assuming that money is placed in a deposit taking institution, such as a bank, or similar that pays a return for holding those savings. In this video, Trevor discusses negative interest rates.
Key learning objectives:
Why should we not have persistent negative interest rates?
How has pandemics affected long-term interest rates?
How may population demographics explain some of the recent trends of interest rates?
Why may negative rates be useful?