Although Fisher ’s interest rate theory believes that the determination of interest rate level is a function of market f

[answerhappygod]

Although Fisher ’s interest rate theory believes that the
determination of interest rate level is a function of market
forces, governments and central banks in all countries implement
strict regulation towards interest rates. For example, due to the
coronavirus outbreak, the Federal Reserve cut interest rates to
zero on March 15, 2020 and launched a massive $700 billion
quantitative easing program to shelter the economy from the effects
of the virus. The Canadian and Norwegian central banks also
announced emergent interest rate cuts. What was the
reaction of your country (in Cambodia)? Whether do you
think the government should regulate interest rates? What are the
advantages and disadvantages of government regulation of interest
rates?