COLUMN-Central banks’ return to zero rates likely a one-way ticket: Mike Dolan
Central bank interest rates are
being cut once again to ward off a global financial shock, and
the experience of the past 30 years suggests there’s little
chance rates will revert back up once the crisis passes.
being cut once again to ward off a global financial shock, and
the experience of the past 30 years suggests there’s little
chance rates will revert back up once the crisis passes.
Posted by Reuters
