Indeed, ZIRP seemed to pull stock markets higher, but the spreading of NIRP has coincided with a sharp global equity decline, particularly in financial stocks. The Fed's chances of going to NIRP seem, at least now, to be slim. Its policymaking arm, the Federal Open Market Committee, just hiked its interest target in December for the first time in nine years, so changing now would seem like a stunning retreat.
Sodium chloride /ËsoÊdiÉm ËklÉraÉªd/ , also known as salt, common salt, table salt or halite, is an ionic compound with the chemical formula NaCl, representing a 1:1 ratio of sodium and chloride ions.
Background. Salt is the common name for the substance sodium chloride (NaCI), which occurs in the form of transparent cubic crystals. Although salt is most familiar as a food supplement, less than 5% of the salt produced in the United States is used for that purpose.