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https://www.economist.com/leaders/2020/09/19/the-ecbs-lack-of-credibility-could-hamstring-europes-recovery there is a danger of depressed inflation expectations since they keep real interest rates higher than they otherwise would be.Why would high real rates

https://www.economist.com/leaders/2020/09/19/the-ecbs-lack-of-credibility-could-hamstring-europes-recovery

there is a danger of depressed inflation expectations since they keep real interest rates higher than they otherwise would be.Why would high real rates be a problem

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