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Permazero in Europe?

March 18, 2016

St. Louis Fed President James Bullard discussed recent neo-Fisherian ideas and what they might mean for the G-7 countries during a presentation to the International Research Forum on Monetary Policy in Frankfurt, Germany. He explored a scenario in which zero or near-zero policy rates remain over the medium term and also discussed implications of such a scenario for future monetary policy.

Presentation (pdf) | Press Release