Negative Interest Rate Policy (NIRP) Definition

What Is a Negative Interest Rate Policy (NIRP)? A negative interest rate policy (NIRP) is an unconventional monetary policy tool employed by a central bank whereby nominal target interest rates are set with a negative value, below the theoretical lower bound of zero percent. A NIRP is a relatively new development (since the 1990s) in…

Top 10 dumbest news stories, champions of the week #402

Hey guys, how are you on this Halloween Sunday? We’re fine, we’ve planned to roll around under a plaid and watch movies that will make you cringe while eating sweets, stuff like “The Conjuring”, “Shining” and Inès Reg’s film. But for now it’s time to talk about the champions of the week, these improbable miscellaneous…

Liquidity Trap: Definition, Causes, and Examples

What Is a Liquidity Trap? A liquidity trap is a contradictory economic situation in which interest rates are very low (e.g., close to 0%) and savings rates are high, rendering monetary policy ineffective. First described by economist John Maynard Keynes, during a liquidity trap consumers choose to avoid bonds and keep their funds in cash savings because…

Capital One Stock Extends Rally After Analyst Upgrade

Capital One Financial Corporation (COF) shares soared more than 15% during Thursday’s session after Oppenheimer upgraded the stock to Outperform with a $66 price targetwhich represents a roughly 9% premium over the current market price. Analyst Dominick Gabriele believes that Capital One is well positioned to weather the storm and is likely to increase market…

Top 10 dumbest news stories, champions of the week #400

Hello friends !!! Why so much excitement will you say? Simply because it’s the 400th episode of Champions of the Week and I can’t contain my joy any longer. For the occasion we have once again found the most stupid news items of the week, and once again it is thanks to Instagram.com/ajustetitre/?hl=fr” rel=”noopener” target=”_blank”>@Well…

Top 23 funny tweets about deodorants, a top that smells like alum stone

There is something worse than global warming, world hunger and tax evasion. These are the people who put their sweaty, moldy armpits against the faces of others in transport. These people apparently learned badly about hygiene in primary school (or don’t know how to distinguish between deodorants on the supermarket shelves, it’s up to you)….