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Business, 29.01.2022 18:50 gumbyseth1969p45qjl

Interest rates on short-term U. S. Treasury bills turned negative on March 25, 2020. They inched back up into positive values shortly after, but they remained very low. In the case of negative interest rates, cash deposited at a bank yields a storage charge rather than an opportunity to earn interest income. If the central bank charges banks to store their reserves at the central bank, they are providing an incentive for banks to

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