Toshihiko Fukui

However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound.
However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound.
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These are some quotes by Japanese author Toshihiko Fukui Public Servant, who was born on September 7, 1935.