“Of all the many striking policy measures taken since the financial crisis, one of the most extraordinary has gone almost unremarked—the introduction of negative official interest rates by Denmark.  In an attempt to maintain its strict currency peg to the euro, the Danish central bank lowered its main deposit rate for banks—the certificate of deposit or CD rate—to -0.2 percent last month. Policy makers in the UK and elsewhere in Europe have expressed interest in the idea as a potential way of forcing banks that are currently hoarding cash to start lending again.”

http://www.cnbc.com/id/48774967

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