Central banks can take nominal rates deeply negative

SRSV is a research company dedicated to socially responsible macro trading strategies. In this note they argue that nominal interest rates have a natural zero lower bound has become obsolete in modern financial systems. They say it may be more appropriate to consider this boundary a convenient policy choice that can be revised. Click here for the full note. The note emphasises the most salient points made in a much more detailed IMF paper. Click here to read.