Why are interest rates so low?
Joseph Haubrich
Economic Commentary, 2013, issue Apr
Abstract:
Interest rates have been at historical lows for some time now. There are many possible reasons why that is so. We make use of recent work done at the Federal Reserve Bank of Cleveland that allows us to look at individual components of interest rates and see which are exerting the biggest influence. Knowing why rates are where they are now helps to predict where interest rates will likely be in the near future.
Date: 2013
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