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Cure for Economic Slumps Seen in Raising Rates: Cutting Research – Businessweek

Cure for Economic Slumps Seen in Raising Rates: Cutting Research
Businessweek
That seemingly paradoxical remedy can apply if the cause of the slump is a confidence shock that cheap borrowing costs are failing to reverse, two Columbia University economists said in a report published this week. In such a situation, ultra-easy

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