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If the Fed is poised to keep rates low for years, and there is no impact on overall long-term investment, how can the central bank

  1. If the Fed is poised to keep rates low for years, and there is no impact on overall long-term investment, how can the central bank impact demand in a way that gets inflation to accelerate as they would like to see happen?
  2. Ifthe Fed is poised to keep rates low, but can't lower them any further without going negative, how might that impact investment? Why doesn't the Fed consider negative nominal interest rates? What are the arguments for or against that? Think about what the Fed says about the current state of the economy if they are saying that they will not raise rates for several years.

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