48 - What negative interest rates could mean for your money
The Bank of England has suggested negative interest rates are in its toolbox to stimulate the economy.Marc and Josh discuss what this could mean for your savings and mortgages.Plus, hear Marc's novel idea to use pension funds to boost lending.About usThe In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.Support this show http://supporter.acast.com/inforapennypodcast. Hosted on Acast. See acast.com/privacy for more information.