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The Central Bank Is Likely To Maintain Low Rates For An Even Longer "Extended Period" Than Expected.

Friday, June 18, 2010 - 8:29 PM
BARRONS: "...estimates on the basis of the central bank's response to inflation and unemployment, the key policy rate would be negative 5%, were that possible. Based on this model, the fed-funds rate target gets back to nil only in 2012."
MikeMike327 posts since
Feb 22, 2010
Rep Points: 876