Middle-east Arab News Opinion | Asharq Al-awsat

Fiscal policy Archives - ASHARQ AL-AWSAT English Archive
Select Page
The Economy May Be Stuck in a Near-Zero World

The Economy May Be Stuck in a Near-Zero World

When the Federal Reserve lowered interest rates to close to zero during the financial crisis, it was an extraordinary move. The central bank had hit the limits of conventional monetary policy, leaving the recovery to sputter along with less help than it needed. Now,...