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ECON 2031 University of Nottingham Monetary Economics Negative Interest Rates HW

Question Description

I’m stuck on a Economics question and need an explanation.
 
(Great English is a must!! No grammar errors!)
(The picture contains the exact essay)
(REQUIRES A STRONG THESIS)
(1200 words, APA Format, Word Document)
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Subject of the paperThis is a presentation about monetary economics
Requirement: There has been almost a decade of negative interest rates since the central bank of Demark firstly set the interest rates below zero in 2012. The bounds of how low rates can go has been pushed deeper throughout this decade (e.g. ECB consecutively cut the interest rate on its Deposit Facility from -0.1% in 2014 to -0.5% in 2019). Facing the crisis of the COVID19 outbreak, US Fed and Bank of England have also pushed their policy rate close to 0%. Is there really a limit to how low rates can go? Does policy that cuts rates into negative territory work just like cutting rates in positive territory? Why are some central banks reluctant to cut rates below
As a group presentation, my part is the last question: Do you think the Fed and Bank of England will further cut their policy rates to negative?
As a reference, you should use the book :The Economics of Money,Banking and Financial Markets together with other sources (will provide the book)
Other information: APA Format, 1200 words, Word Document
The question i need to answer in my essay is:Do you think the Fed and Bank of England will further cut their policy rates to negative?
 
Format:

  • APA Format
  • No plagiarism is accepted
  • The attached document represents the request.

*** The work will be checked for plagiarism through Turnitin by the professor. It is essential for everything to be free of plagiarism otherwise sanctions will be imposed***
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Thank you for your support

 
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