Sentences with phrase «decade before the financial crisis»

As Paul Krugman points out Reifschneider, working with John Williams and using the same FRBUS model, concluded that the ZLB was only a very small issue less than a decade before the financial crisis led to an 8 year stretch of zero rates.

Not exact matches

I think that it will be hard to escape the conclusion that household debt grew at an unsustainable pace in the decade before the great financial crisis and that this was an important spur to growth.

«Vince Cable said that the help - to - buy scheme unveiled in the Budget earlier this year could simply «inflate» the housing market as occurred in the last decade... The # 130 billion scheme has been heralded as a flagship measure... However, some economists and business leaders have voiced warnings about the scheme and Mr Cable — who previously warned about the dangerous levels of debt before the financial crisis - has now indicated he shares their concerns.

Although private student loans were much more common before the financial crisis at the end of the last decade, they have been continually rising over the past six or seven years.

In the decade before the 2008 financial crisis, an expectation of uninterrupted growth prevailed in the legal market.

«Our financial system is now far stronger and more resilient than it was before the financial crisis that began about a decade ago,» he said earlier Monday in the opening minutes of his tenure.