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What Would Negative Interest Rates Mean For Borrowers And Savers? Source: Adobe/UMB-O Harry Scheule, Professor, Finance, UTS Business School, University of Technology Sydney. ____ There's a row brewing in the corridors of financial power. The Reserve Bank of New Zealand (RBNZ) recently advised the trading banks that the official cash rate might move from the barely positive into the negative. Right now the RBNZ is holding off such a move in favour of
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