14.34: Discussion: Impact of Low Interest Rates on Monetary Policy
- Page ID
- 84655
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Since the end of the Great Recession, interest rates have been at historic lows—in some cases, close to zero. How is expansionary monetary policy supposed to work? How do near-zero interest rates limit the ability of expansionary monetary policy to work?
CC licensed content, Original
- Discussion: Impact of Low Interest Rates on Monetary Policy. Authored by: Steve Greenlaw and Lumen Learning. License: CC BY: Attribution