The Policy Perils of Low Interest Rates

Lukasz Drozd

Economic Insights, 2018, vol. 3, issue 1, 1-10

Abstract: Well before central banks slashed rates to fight the Great Recession, long-term market rates began slipping. With no reversal in sight, will policymakers lose their main recession-fighting tool?

Keywords: interest rates; recession (search for similar items in EconPapers)
Date: 2018
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