Monday, 22 February 2016

The impotency of central banks (Jérémie Cohen-Setton, Bruegel)

What’s at stake: The negative market reaction to the latest efforts to provide further monetary stimulus has generated an important discussion on whether central banks have lost credibility in their abilities to fight downside risks and shore up economies.

http://bruegel.org/2016/02/the-impotency-of-central-banks/

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