Negative Interest Rate Policies-Initial Experiences and Assessments.
The depth of the crisis and the weakness of the ensuing recovery led to new ways to implement monetary policy. At the onset of the crisis, central banks in several advanced economies quickly moved policy rates to zero and initiated large-scale asset purchases. In more recent years, with inflation st...
Ente Autore: | |
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Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2017.
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Serie: | Policy Papers; Policy Paper ;
No. 2017/010 |
Accesso online: | Full text available on IMF |