ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His ...
Read More »Central banks want new powers, but at what cost?
Central bankers deserve credit for saving the economy from the financial crisis. They won the battle, but not the war. So now they are asking for new powers to fix the side effects of a decade of ultra-low low and even negative interest rates. The price may be a Faustian bargain with governments. The Federal Reserve had room in 2007 ...
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