Monthly Archives: September 2016

Prolonged low rates and low inflation did not have required impact 

The power of monatary policy tranmission has weekend post crisis and have failure suffisantly boost the economy. A prolonged period of low and negative interest rates may lead ti tighter credit conditions, but also make worse the trade-off between price and financial stability as higlighted back in january by former Bank of Governor, Christian Noyer. […]

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