Loading...
Loading...
Menu

Over Easy - Can Monetary Policy Become Self-Defeating?

25th March 2019

Author: George Cooper

Low interest rates are supposed to stimulate economic activity. Very low interest rates are supposed to stimulate economic activity even more. This linear thinking, which dominates monetary policymaking, is now being questioned.

The concept of an Expansionary Lower Bound (ELB) to monetary policy, a minimum interest rate below which further rate reductions become counterproductive, is a persuasive idea. The experience of both Japan and Europe suggests the ELB may be generally applicable to both developed and emerging economies.

Read Full Article

Register

Here at Equitile we take your privacy seriously and will only use your personal information to send you monthly fund reports, news and marketing updates regarding Equitile and its funds. If you would like to receive monthly fund reports, news and marketing updates by email please fill out the form below:

Should you no longer wish to hear from us you can let us know at any time and asked to be removed from our database. You can find the details of how we process, store and protect your personal data at http://equitile.com/uploads/equitile-privacy-policy-may-2018.pdf

Register

Thank you for subscribing.