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1 posts on "zero lower bound"
November 16, 2011

Why Is There a “Zero Lower Bound” on Interest Rates?

Economists often talk about nominal interest rates having a “zero lower bound,” meaning they should not be expected to fall below zero.

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Posted at 7:00 am in Monetary Policy | Permalink | Comments (2)

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Liberty Street Economics features insight and analysis from New York Fed economists working at the intersection of research and policy. Launched in 2011, the blog takes its name from the Bank’s headquarters at 33 Liberty Street in Manhattan’s Financial District.

The editors are Michael Fleming, Andrew Haughwout, Thomas Klitgaard, and Asani Sarkar, all economists in the Bank’s Research Group.

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