Monetary policy along the yield curve: Why can central banks affect long-term real rates?

Session 2 on “Monetary policy along the yield curve: Why can central banks affect long-term real rates?” at the International Research Forum on Monetary Policy. • Paul Beaudry, University of British Columbia • Paolo Cavallino, Bank for International Settlements • Presenter: Tim Willems, Bank of England • Discussant: Keith Kuester, University of Bonn Watch all sessions from the conference:    • International Research Forum on Monetary P...   See the conference programme here: https://www.ecb.europa.eu/press/confe...