Negative Interest Rates—What Does This Mean To You?

If you’ve been keeping up with the news on the global markets lately, or really if you’ve had your TV turned on at all over the last few weeks, you have likely heard the buzz about negative interest rates. The Bank of Japan, the European Central Bank and several smaller European authorities have entered into the unfamiliar territory of negative interest rates, and the Federal Reserve itself is taking a look into the implications of moving the US federal funds rate into negative territory as well.