A policy instituted by the Federal Reserve Board in 2008 that keeps the federal funds rate between zero and 0.25%. The purpose of the policy is to stimulate economic activity in a time of slow economic growth.
Related information about zero interest rate policy:
- Zero interest-rate policy - Wikipedia, the free encyclopedia
The zero interest-rate policy (ZIRP) is a macroeconomic concept describing conditions with a very low nominal interest rate, such as those in contemporary ...
- The Downside of the Fed's Zero Interest Rate Policy - Economic ...
Apr 30, 2012 ... The theory behind the zero interest rate policy leaves out quite a bit of downside scenarios that act contradictory to policy.
- The Efficacy of the FOMC's Zero Interest Rate Policy | Credit ...
Sep 11, 2012 ... Here's a good essay from the St. Louis Fed, examining how effective 'permanent zero' rates are. As you know, I think permanent zero is toxic.
- Zero Interest Rate Policy Is Batting Zero - Forbes.com
Mar 21, 2012 ... Popular economic theory says artificially low rates of interest stimulate the economy, but history says otherwise.
- Why the FED's Zero Interest Rate Policy Hurts the Economy ...
Jun 21, 2012 ... Never before has the FED (or any central bank with the possible exception of Japan's) announced that it would hold the short-term overnight ...
- The Efficacy of the FOMC's Zero Interest Rate Policy
Sep 4, 2012 ... This essay suggests the possibility that the net effect of such a prolonged zero interest rate policy might be harmful for economic growth.
- Arguing for QEx . . . | The Big Picture
Oct 9, 2012 ... Zero Interest Rate Policy (ZIRP) and Quantitative Easing (QEx) have been blamed for everything from the coming dollar apocalypse to ...
- Research & Commentary: Zero Interest Rate Policy | Heartland ...
Oct 11, 2012 ... The theory behind the zero interest rate policy (ZIRP) is that low interest rates stimulate investment while allowing consumers and businesses ...