Zero Interest Rate – Bad for Everyone

Zero Interest Rate Policy isn’t just bad for savers and those living on a fixed income, in other words the people.  It is also bad for banks.  Net Interest Margin, which should be a major profit center at a bank, if not the profit center, is negative at JP Morgan.

JPM Beats Thanks To Ongoing Loan Loss Reserve Releases; NIM And Trading Revenues Decline, CIO Posts Loss