Part of Speech: n.
Quotation: The next Japanese spanner in the works will be the end of zero interest rates, or zirp as it is known. Bank-watchers have pencilled in July or September for the moment of reckoning. Few investors lose sleep worrying about life after zirp, but our guardians at the Bank of International Settlements view it as the greatest imminent risk to global markets.
Author:
Ambrose Evans-Pritchard
Article, Document, Publication, Web Site:
Telegraph Publishing Location:
United Kingdom
Date of Publication:
May 29, 2006
This catchword has yet to be researched.