Low-Interest Rates Impact Financial Stability: What You Need to Know!
The article discusses how financial stability and monetary policy are affected in a low-interest-rate environment. The main goal is to understand the implications of low interest rates on the economy. The researchers, led by Loretta J. Mester, President and CEO of the Federal Reserve Bank of Cleveland, presented their findings at a workshop in Oslo, Norway. They explored how unconventional monetary policies can help maintain financial stability during times of low interest rates.