BIS: Growing Risks From More Central Bank Stimulus
The benefits from additional monetary stimulus by central banks in advanced economies are shrinking while the risks are likely growing, Jaime Caruana, general manager of the respected Bank for International Settlements (BIS) said. Central banks have been highly successful in driving down long-term interest rates to help stimulate economic recovery, but the [...]
The benefits from additional monetary stimulus by central banks in advanced economies are shrinking while the risks are likely growing, Jaime Caruana, general manager of the respected Bank for International Settlements (BIS) said.
Central banks have been highly successful in driving down long-term interest rates to help stimulate economic recovery, but the success can create unrealistic expectations of the power of central banks, warned Caruana in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards