The Great Depression, spanning from 1929 to the late 1930s, remains one of the darkest chapters in modern economic history. It was a period of unprecedented financial turmoil that affected…
Bonds can be described as financial instruments that represent debt obligations issued by governments and corporations.
The highest body of authority in charge of the overall financial stability in Switzerland is the Swiss National Bank (SNB).
Generally, whether interest rates are increased or lowered, banks will always have ways of using them to their advantage.
Central banks increase the interest rates during times of increased inflation, and lowers them when inflation is low.
