Lower for longer – macroprudential policy issues arising from the low interest rate environment

Richard Portes, professor at the London Business School, presented the findings of the new report “Lower for longer – macroprudential policy issues arising from the low interest rate environment, ” published by the European Systemic Risk Board, and an VoxEU article on the report. Nicolas Véron, PIIE senior fellow, and Barbara Novick, PIIE board member and senior advisor at BlackRock, were the discussants, and PIIE president Adam S. Posen moderated a Q&A and discussion with the audience.