Surveillance: ECB Adds to Fed Gloom
Bloomberg Surveillance
00:00
Is a Three and a Half Percent Interest Rate Really a Recession?
Bank of England dissenters believe in long and variable acts. They ultimately must believe that inflation is going to be on a downtrend, he says. I don't know any economic theory that would say a negative six percent interest rate is a restrictive policy setting, John McCaffery writes.
Play episode from 19:19
Transcript
