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ICYMI - BIS' head Carstens says interest rates may need to be higher, for longer
Bank for International Settlements (BIS) General Manager Agustin Carstens spoke Monday at Colombia University in New York.said that to avoid a long-term "high-inflation regime" rates may need to stay higher and for longer than previously thought, even at the expense of slowing down economiesthe increase in debt levels since the GFC and pandemic are making central banks' task more complexcentral banks are looking at large losses - on paper at least - on bonds they bought to try to boost their eco...
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Posted: Apr 17 2023, 21:16
Author Name: forexlive
Views: 082016