Grading the negative rate experiment

Posen, A. S., Mayer, T., de Larosière, J., Gagnon, J. E., Bini Smaghi, L., Chen, Z., Lachman, D., Litan, R. E., O’Neill, J., Broaddus, J. A., +14 more...Furman, J., Flassbeck, H., Granville, B., Mason, J., White, W. R., Galbraith, J. K., Codogno, L., Kamin, S. B., Whalen, C., Sobel, M., El-Erian, M. A., Mohacsi, P., Schmieding, H. & Hufbauer, G. C. (2024). Grading the negative rate experiment. The International Economy Magazine, 14 - 31.
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Did keeping interest rates low for so long create an unnecessary ““free money” distortion, increasing income inequality? Two dozen noted policy experts share their thoughts.

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