3 ms·

What is ZIRP?

• peterhunt 4y ago
  Zero interest rate policies :) Sometimes companies have too much money and they overhire.
  • rubyfan 4y ago
    I think you typo'd Zero interest rate policies https://www.investopedia.com/articles/investing/031815/what-zero-interestrate-policy-zirp.asp https://www.investopedia.com/articles/investing/031815/what-...
    • peterhunt 4y ago
      Autocorrect got me! Thanks
• pas 4y ago
  zero interest rate policy, which basically means central banks do stuff to keep interbank interest rates very low (close to zero in the US, and it was even negative in the EU) https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html https://www.ecb.europa.eu/stats/policy_and_exchange_rates/ke...