Skip to main content

Cookies and Privacy

We use cookies to improve your experience on our website. To find out more, read our updated Cookie policy, Privacy policy and Terms & Conditions

Monetary-policy-PS Alex Wong/Getty Images

Rethinking Monetary Policy

With the Fed’s third rate rise this year, the last under Janet Yellen’s leadership, the era of ultra-low interest rates could be coming to an end. If so, it’s not before time, as maintaining ultra-low interest rates and monetary easing has been worse than merely ineffective.

Credit cards Peter Macdiarmid/Getty Images
US Federal Reserve Brooks Kraft
Bank of Japan Behrouz Mehri/Getty Images
https://prosyn.org/VFa3jub;

We hope you're enjoying our PS content

Subscribe

To have unlimited access to our content including in-depth commentaries, book reviews, exclusive interviews, PS OnPoint and PS The Big Picture, please subscribe

Edit Newsletter Preferences

Set up Notification

To receive email updates regarding this {entity_type}, please enter your email below.

If you are not already registered, this will create a PS account for you. You should receive an activation email shortly.