Faculty News

In a co-authored op-ed, Professor Kim Schoenholtz discusses the impact of negative interest rates

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Excerpt from The Huffington Post -- "The bottom line: international experience suggests that negative interest rates, at least as low as we are seeing today and (in some places) significantly lower, will become a permanent part of the monetary policy toolkit. If that’s right, we need not worry quite so much whether a 2% inflation target is too low."

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