Denmark shares the record with Switzerland in boasting the world’s lowest policy interest rate -- minus 0.75%. But it would be wrong to assume any kind of limit has been reached, according to the governor of the Danish central bank, Lars Rohde.
“It is obvious that there is a limit for how low interest rates can be,” Rohde said in Copenhagen on Wednesday. “But we are the central bank with the most experience with negative interest rates and we still have not found the lowest possible rate.”