Economic Synopses

Short essays on the economic issues of the day written for a generally informed readership.

2012, No. 23

The Efficacy of the FOMC’s Zero Interest Rate Policy

If investment spending is sufficiently insensitive to interest rate changes and the effect of Fed actions on interest rates is sufficiently weak, the net effect of the persistent zero interest rate policy could be negative.

 


Subscribe to our newsletter for updates on published research, data news, and latest econ information.
Name:   Email:  
Twitter logo Google Plus logo Facebook logo YouTube logo LinkedIn logo