◀ The Principal Blog

Posts tagged ‘interest rates’

Large and Underfunded? PBGC Wants Your Info!



In the 2002 futuristic sci-fi movie Minority Report, Tom Cruise plays the chief of a police unit dedicated to identifying and stopping crimes before they have actually been committed.  Cruise does this in between chase scenes with the help of three prescient beings (called “PreCogs”) floating…

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Views from the CIO: Bank of Japan’s Negative Interest Rate Policy, is the U.S. next?



In another effort to jump-start the stagnant Japanese economy, the Bank of Japan (BoJ) unexpectedly announced on January 29th that it was cutting its benchmark interest rate to -0.1%. The negative rate applies only to excess balances that exceed reserve requirements, thereby encouraging banks to…

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