Changes in the curriculum

Can anyone tell me what changes have been made to the reading 14. I find LOS are unchanged.

Thanks

Reagard,

Jahid.

4.1.5.3

At page 64 (2018):

  • ‘What happens when interest rates are zero or negative’: this part is little elaborated. The impact of negative interests is explained, Quantitative Easing (QE) is introduced.
  • Implications of negative interest rates for capital market expectations.