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>> FEDERAL RESERVE SYSTEM Latest News

JUL 18, 2014 - Zero Hedge

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The Counterfactual Case Against ZIRP

By EconMatters       The ZIRP Debate   The long held debate is what would the US economy being doing without ZIRP by the Federal Reserve, would we be doing worse, about the same, or better? The other delineation in the argument is whether there is a cutoff point where ZIRP stopped being effective, if it was effective at some point, and where this line of demarcation should be in terms of one, two, three, four and subsequent years of zero percent interest rates.   2012-2014 Period   I will focus on the last three years as I will give the ... Read More

Tags: The Counterfactual Case Against ZIRP,  Federal Reserve System Latest News