17 Mar
2015
91. Kieler Konjunkturgespräche
Navigating unknown monetary territory – Coping with low interest rate regimes
Worldwide, the monetary authorities continue to explore new ground. The balance sheets of the mayor central banks have been inflated to an extent unexperienced so far in peace times. Extremely low interest rates are meant to stimulate economic activity and make debt positions more sustainable. However, curing economic problems which are non-monetary by their very nature with ultra-permissive monetary interventions is prone to create new risks and distortions. The 91st KKG discusses the likely consequences from various perspectives including regulatory efforts and corporate challenges.
