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the central problem here is the zero lower bound on the on interest rates first of all the ecb still has a policy rate that's
well above zero the u.s is as a as a policy currently paying interest on reserves of 25 basis points which as
alan blinder has been lecturing us it was crazy so the first thing we could do and the ecb could do would be what the danish
Listen to native speakers pronounce “well above” in real conversational contexts with synchronized timestamps and subtitles.