The Missing Lowflation Revolution

It will soon be eight years since the US Federal Reserve decided to bring its interest rate down to 0%. Other central banks have spent similar number of years (or much longer in the case of Japan) stuck at the zero lower bound. In these eight years central banks have used all their available tools […] View the full post at: The Missing Lowflation Revolution Related posts: Follow the Leader Is the US Facing a Japanese-Style Lost Decade? Now That’s Price Stability!