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You may have heard of negative interest rates. What does this mean? Does it mean the bank pays me? See the below article for an explanation and what it would mean to you.
Check out this story from USA TODAY: Negative interest rates: What you need to know https://www.usatoday.com/story/money/personalfinance/2020/05/31/negative-interest-rates-what-you-need-know/5288107002/
Negative interest rates, in the unlikely event that they become pervasive, would drastically alter the playing field for savers as well as borrowers.
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