Faculty News
Joint research from Professor Kim Schoenholtz on U.S. monetary policy is featured
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Excerpt from The New York Times -- "'Long-term interest rates are likely to be much lower going into the next downturn than they were going into any recession in the past 75 years,' a set of top economists wrote in a paper prepared for the conference. 'This will clearly limit the potential for old and new monetary policy tools to ease financial conditions and bolster economic outcomes.'”
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