What monetary policies should be pursued in such an environment?

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In 2014, short-term interest rates were near zero

In 2014, short-term interest rates were near zero

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In 2014, short-term interest rates were near zero, and yet the economy was still sluggish with low rates of economic growth and relatively high unemployment. What monetary policies should be pursued in such an environment? How might they work

In 2014, short-term interest rates were near zero

 
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