A research paper published by the Federal Reserve Bank of San Francisco shows how negative interest rates could become an important policy tool for fighting future economic downturns. The paper examines the market response to the introduction of negative interest rates by five major central banks. Also read: Where US Regulators Stand on Fed Studies Negative Rates as Important Policy Tool The Federal Reserve Bank of San Francisco published a research paper last week exploring the effects of central banks introducing negative interest rates. The paper, entitled “Yield Curve Responses to Introducing Negative Policy Rates,” is authored by Jens…
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Fed Research Considers Negative Interest Rates Effective Policy Tool

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