Assertion: interest rate policy | /r/HasProperty | zirp
Facets:
Source sentences:
text: After two decades of slow growth, the Bank of Japan decided to employ a zero interest rate policy (ZIRP) to combat deflation and promote economic recovery.﻿﻿ A similar policy has been implemented by the United States and United Kingdom.﻿﻿ ﻿﻿
text: A zero interest rate policy (ZIRP) is when a central bank sets its target short-term interest rate at or close to 0%.
text: Zero interest-rate policy (ZIRP) is a macroeconomic concept describing conditions with a very low nominal interest rate, such as those in contemporary Japan and December 2008 through December 2015 in the United States.