Summary of The Negative Rates Club

CEPS,

Get the Report

The Negative Rates Club summary
The quantitative easing that central banks in creditor countries have undertaken hasn’t succeeded.

Rating

8 Overall

9 Importance

8 Innovation

7 Style

Recommendation

Quantitative easing and ultralow interest rates have been the weapons of choice for central bankers looking to spur recovery and growth. Yet the approach hasn’t been an unqualified success, according to Daniel Gros, director of the Centre for European Policy Studies. He offers a fresh perspective on why some countries have managed to recover while others remain in idle mode. getAbstract suggests this succinct report on a fairly complex subject to those who want a short introduction to the implications of monetary easing and negative interest rates.

In this summary, you will learn

  • Why central banks in several economies have pursued quantitative easing
  • Why the economic performances of those areas have diverged
  • Why central banks should let economies recover gradually
 

Summary

The central banks of the United Kingdom, the United States, the euro zone and Japan have used quantitative easing and low interest rates to spark growth and fend off deflation. Yet their respective areas’ economic performances have differed, leading the US and the UK to move away from monetary easing...
Get the key points from this report in less than 10 minutes. Learn more about our products or log in

About the Author

Daniel Gros is the director of the Centre for European Policy Studies.


Comment on this summary

More on this topic

By the same author

Customers who read this summary also read

More by category