Toshihiko Fukui Quote: No.3
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However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound. Toshihiko Fukui | Refcard PDF ↑
However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound. Toshihiko Fukui | Refcard PDF ↑