期刊名称：Federal Reserve Bank of St. Louis - Regional Economist
出版年度：2014
出版社：Federal Reserve Bank of St. Louis
摘要：I n this speech, Christine Lagarde urged central banks in major developed nations to stick with low interest policies in order to fight off the threat of deflation. Expectations of deflation are detrimental to recovering economies. If consumers know prices will drop in the future, they will hold back spending in the present, further depressing the economy. But what should central banks do if the low interest rate policies are actually causing inflation that is so low it raises the specter of deflation
