Journal Article
The Policy Perils of Low Interest Rates
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;
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File(s): File format is application/pdf https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/economic-insights/2018/q1/eiq118.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of Philadelphia
Part of Series: Economic Insights
Publication Date: 2018-01
Volume: 3
Issue: 1
Pages: 1-10