Discussion Post: Interest Rate Theory
The interest rate policy followed by the Central Bank of major world economies (USA, UK, Japan, Europe) are near zero or negative. Discuss the implication this low-interest rate policy for any one type of financial institution (banks, savings and loans, insurance companies, pension funds, mutual funds etc.) and examine its possible impact. Suggested length: Two paragraphs; and one external citation.
The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.