CSPAN3 Key Capitol Hill Hearings July 8, 2014
Naked of shock could push economies against the zero lower bound. If it is correct that equilibrium rates in the United States and globally may be lower Going Forward than they have been historically. I think we will have to worry about these episodes more often. Of course, often there are other tools besides monetary poll 60 mime Monetary Policy has bore the brunt of responding. I think if greaters had more fiscal scope than there would be a large tool kit to respond to the zero lower bound. It seems to include nor structural bands although the situation is improving slightly. On the tendenti...