Zero Interest Rate Policy

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
ZIRP
Pronunciation
/ˈziroʊ ˈɪntəˌrɛst reɪt ˈpɑləsi/
Category
Business
Related Field
Accounting

Examples in Context

  1. True, the Fed's zero interest rate policy has kept the yield curve steep.
  2. If we stick to the zero interest rate policy for too long, we risk a degree of economic instability much more extreme and costly than the recent financial crisis.
  3. At the time, BoJ officials faced intense pressure from politicians and markets to boost growth; so they were duly implementing quantitative easing or their zero interest rate policy.
  4. Treasury bills maturing later this month and in early November rose above 30 basis points, their highest level since late 2008 when the Federal Reserve adopted a zero interest rate policy and anchored short-term interest rates.
  5. Second, the zero interest rate policy has a risk not acknowledged by the Fed : the creation of another bubble.

Other meanings of ZIRP