News Source: Androscoggin News
| 5 months ago
To stave off falling prices, the authorities have cut interest rates to nearly zero and started printing money. Central bankers promise to reverse those polices just as soon as the output gap narrows sufficiently. But to get the timing right, they...
News Source: The Economist
| 5 months ago
The statement it released after its policy meeting on June 24th notably omitted the warning from its three prior meetings that “inflation could persist for a time below rates that best foster economic growth and price stability”. To be sure, with...