Economics
A Decade of Negative Rates? Denmark May Be the First to Try It
- Danske sees at least 2 more years of negative Danish rates
- No other country has had negative rates as long as Denmark
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The world’s longest experiment with negative interest rates may end up lasting an entire decade.
Not until 2021 at the earliest will Danes have a chance to see positive rates again, according to Danske Bank. The country’s policy rate first dropped below zero in 2012.