Toshihiko Fukui: 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.

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


		Name: Toshihiko Fukui Type: Public Servant Nationality: Japanese Birth: September 7, 1935

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