《金融英语》教学课件Unit 15Ultra-low Interest Rate.ppt

Unit 15: Ultra-low Interest Rate Financial English Text : Almost nine years after the west’s financial crisis started, interest rates remain ultra-low. Indeed, a quarter of the world economy now suffers negative interest rates. This condition is as worrying as the policies themselves are unpopular. Text : Larry Fink, chief executive of BlackRock, the asset manager, argues that low rates prevent savers from getting the returns they need for retirement. As a result, they are forced to divert money from current spending into savings. Wolfgang Sch?uble, Germany’s finance minister, has even pu