[I]“In an attempt to stimulate the U.S. economy, the Federal Reserve has maintained interest rates near zero.”[/I]
What incentive do banks have to lend money out to one another when the interest rate is near zero? Or negative for that matter?
[I]“In an attempt to stimulate the U.S. economy, the Federal Reserve has maintained interest rates near zero.”[/I]
What incentive do banks have to lend money out to one another when the interest rate is near zero? Or negative for that matter?