keynes effect

Fetched 2026-10-26 (cache).

Datamuse reports no synonyms or antonyms for this word.

Noun

1. {{lb|en|economics}} The phenomenon in which a decrease in [[price level]] leads to a decrease in [[interest rate]]s, provided there's no [[liquidity trap]] or interest-[[unresponsive]] [[expenditure]].

Source: Wiktionary · CC BY-SA 4.0 (Wiktionary dump) · cached copy, not a rewrite.