New from the McKinsey Global Institute

QE and ultra-low interest rates: Distributional effects and risks

A new report from the McKinsey Global Institute finds that central-bank monetary policies and ultra-low interest rates since the start of the financial crisis have had very different distributional impacts on governments, corporations, financial institutions, households, and investors. In a related podcast, MGI’s Richard Dobbs and Susan Lund discuss these effects and the risks that could lie ahead. more

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