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Central banks are struggling to provide critical tools
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Loading...Unconventional resources deployed by central bankers from Frankfurt to Washington to mitigate the economic fallout from the financial crisis may be conventional, when the time comes to fight with the next crisis.
FOMC already discussed the matter, while central bankers and economists in developing countries are contemplating whether to return to the holster emergency policies - buying bonds targeted credit programs and negative interest rates - or make them part of their everyday weapons.
"The risk is that when the next recession comes, we will be the lowest level of nominal interest rates, so it will not have much ammunition to respond," said Obsfed in an interview.
E.Dimitrov JrTrader
Varchev Traders
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