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Shrinking Influence of Central Banks Ends Decades of Business as Usual

  • 📰 WSJ
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  • 2 min. at publisher
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  • News: 8%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Workers, companies and investors best prepare for a world where the Fed and other central banks can't protect them from the next recession.

The Federal Reserve and other central banks have long been the unchallenged drivers of financial markets and the business cycle. “Don’t fight the Fed,” goes one Wall Street adage.

That era is drawing to a close. In many countries, interest rates are so low, even negative, that central banks can’t lower them further. Tepid economic growth and low inflation mean they can’t raise rates, either.

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Sverige Senaste nytt, Sverige Rubriker

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