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kilometre zero English

Meaning kilometre zero meaning

What does kilometre zero mean?

kilometre zero

A particular location, usually in a nation's capital city, from which distances are traditionally measured.

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News and current affairs

Monetary policy is constrained by the proximity to zero interest rates and repeated rounds of quantitative easing.
To be sure, inflation is difficult to bring about when short-term interest rates are near zero - and thus cannot be reduced any further without inducing massive hoarding of cash.
The G-Zero world is not all bad for the US - if it plays its cards right.
In other words, in a G-Zero world, an increasingly aggressive global environment makes the US all the more appealing to countries seeking to hedge their bets. As a result, the US has an opportunity to act more precisely in its own interests.
America's advantages in the G-Zero world afford it the chance to invest in the future.
American politicians need to recognize the new G-Zero reality and rebuild America's domestic sources of strength, even if only incrementally. If they do, the US will have the vigor and flexibility to shape the next world order.
It need only seize the G-Zero moment.
America's household savings rate was at levels not seen since the Great Depression, either negative or zero.
The net saving rate fell to near zero.
The US is now ground zero for global inflation.
The yen and dollar are also being bolstered as central banks elsewhere continue to cut interest rates towards zero, territory that the yen and dollar policy rates already occupy.
With interest rates reaching almost zero, this liquidity trap has paralyzed Japan's monetary policy.
Like most other central banks confronted with the recession, the SNB has reduced its policy interest rate all the way to the zero lower bound.
Unconventional policies that aim at weakening the exchange rate are technically possible even at zero interest rates, and they are quite likely to be effective at the level of individual countries.
Policy interest rates are close to zero in the major economies in the developed world, and outsize budget deficits are the norm.
Coupled with this is a zero-sum view of the world, in which any Chinese gain in the share of the global economy, or any increased presence in many parts of the world, must be at the expense of the US or other powers.
Welcome to the G-Zero world, a more turbulent, uncertain environment in which coordination on global policy issues falls by the wayside.
First and most importantly, these equilibrium rates are based on a theoretical model where long run current account balances tend toward zero.
At the same time, the central bank kept interest rates low, so that the inflation-adjusted cost of loans is zero or negative.

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