Article

Interest rates: LIBOR will at last be switched off in June

The Economist (2023)

The scandal-ridden benchmark is a relic of a previous era. By 2012 LIBOR set the rates for contracts governing some $550 trillion, more than seven times global GDP. Yet ever since then, LIBOR has been on the decline. | Finance & economics

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Chunks with this Article

3 chunks • used in 4 courses
Money - Inflation and Interest Rates
The connection between monetary policy, inflation and economic growth
CourseChunks
9 resources
International Financial Markets - Fixing Global Finance
International Financial Markets - Fixing Global Finance
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9 resources
LIBOR, interest rates, global financial markets and scandals, manipulation
LIBOR, interest rates, global financial markets and scandals, manipulation
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2 resources

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