The interest rate policy followed by the Central Bank of major world economies (

The interest rate policy followed by the Central Bank of major world economies (USA, UK, Japan, Europe) are near zero or negative. Discuss the implication this low interest rate policy for any one type of financial institution (banks, savings and loans, insurance companies, pension funds, mutual funds etc.) and examine its possible impact. Suggested length: Two paragraphs or Ten sentences; and one external citation.(Read this Instructor notes on Negative Interest Rates first) ==> L2 Negative Interest Rates (DOC)Write two paragraphs or 12 Sentences of original thoughts or opinion
Cite one relevant external reference as needed
Requirements: Discussion

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