A negative Federal Reserve policy rate is still improbable, but if it were to happen it could be a net benefit, according to a note from JPMorgan Chase.
Banks will not have to file reports on customers just because they're in the hemp business; making it easier for people with no credit history to get loans.
The charter may provide greater confidence for digital currency investors; bank expects to make large-scale job cuts in its global banking and markets unit.
The FDIC and the OCC relax the rule restricting proprietary trading; home buyers with bad credit, lots of debt, or employment issues are again getting loans.
The potential for negative long-term mortgage rates is surfacing around the world, and with global tensions building in the U.S. market, there's a small but growing chance it could happen here, too.
Negative interest rate policies have not been shown to speed up spending or borrowing. In some cases, countries with such policies have seen their savings rates continuing to climb.
