Athanasios Orphanides Quotes

Near-zero policy rates that may be considerably expansionary in an economy with high inflation could be contractionary when inflation is too close to zero, or worse, deflation has set in.

Athanasios Orphanides

• Inflation
• Zero
• Rates

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• Near-zero policy rates that may be considerably expansionary in an economy with high inflation could be contractionary when inflation is too close to zero, or worse, deflation has set in.

  

  Athanasios Orphanides
  • Inflation
  • Zero
  • Rates