Definition: ZIRP is an acronym for Zero Interest Rate Policy and it is an economic concept that describes an environment where central banks have no more room to lower interest rates.
See Also: Federal Funds Rate
Definition: ZIRP is an acronym for Zero Interest Rate Policy and it is an economic concept that describes an environment where central banks have no more room to lower interest rates.
See Also: Federal Funds Rate
©2012 About.com. All rights reserved.
A part of The New York Times Company.