8 years ago
1
Bernanke: Monetary policy 'reaching its limits'
As central banks run out of policy tools, the former Fed chairman assessed what is left to combat a potential slowdown.
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"Bernanke said market aversion to negative rates seems "overdone." He noted that the policy would bring only "modest benefits" with "manageable costs.""
Gee, I wonder why the push to abolish cash. Can't take your digital money out of a bank that charges you to use your money.