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Negative U.S. Interest Rates?

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Abstract

Negative rates have many of the same effects as cuts in positive rates but put pressure on banks’ financial conditions, which has restrained their use.

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  • Christopher J. Neely, 2020. "Negative U.S. Interest Rates?," Economic Synopses, Federal Reserve Bank of St. Louis, issue 4, February.
    • Handle: RePEc:fip:fedles:87657
    DOI: 10.20955/es.2020.4
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    References listed on IDEAS

    as
    1. Arteta,Carlos & Kose,Ayhan & Stocker,Marc & Taskin,Temel, 2016. "Negative interest rate policies : sources and implications," Policy Research Working Paper Series 7791, The World Bank.
    2. Kenneth Rogoff, 2017. "Dealing with Monetary Paralysis at the Zero Bound," Journal of Economic Perspectives, American Economic Association, vol. 31(3), pages 47-66, Summer.
    3. Morten Linnemann Bech & Aytek Malkhozov, 2016. "How have central banks implemented negative policy rates?," BIS Quarterly Review, Bank for International Settlements, March.
    4. Andreas Jobst & Ms. Huidan Huidan Lin, 2016. "Negative Interest Rate Policy (NIRP): Implications for Monetary Transmission and Bank Profitability in the Euro Area," IMF Working Papers 2016/172, International Monetary Fund.
    5. Ben S. Bernanke, 2020. "The New Tools of Monetary Policy," American Economic Review, American Economic Association, vol. 110(4), pages 943-983, April.
    Full references (including those not matched with items on IDEAS)

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