Faculty News

Professor Richard Sylla highlights the benefits of low interest rates for the economy

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Excerpt from The New York Times -- "'If we keep inflation under control, maybe we’ll enter a period like the ’50s,' said Richard Sylla, a financial historian at New York University and co-author of 'A History of Interest Rates.' 'Those were normal rates, and they were accompanied by a slight amount of inflation, 1 or 2 percent. That worried people then, where now it’s a target to be reached.'"

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