Up Next

ki-logo-white
Market-Based Solutions to Vital Economic Issues

SEARCH

ki-logo-white
Market-Based Solutions to Vital Economic Issues

Institute Insights: The Implications of Interest Rate Addiction

Up Next

Current U.S. Federal Reserve policy has left many experts scratching their heads in confusion. As the Fed continues moving toward a greater degree of stimulus, questions arise as to whether the U.S. is on a lending path similar to other countries, where record low interest rates are now passé, and negative interest rates rule. Christian Lundblad, Kenan Institute director of research and UNC Kenan-Flagler Business School Levin Distinguished Professor of Finance, elaborates on what he calls the “unorthodox monetary policy” that global governments have embraced for the past decade, and asks, “Are we addicted to low interest rates? And if so, what are the long-range implications?

You may also be interested in: