As for deflation, the «unprecedented policy actions» from
central banks around the world means falling prices are unlikely over the next several years.
Not exact matches
When
central banks around the
world cut rates after the recession, it was
meant to be a temporary measure to help stimulate the global economy.
I
mean, never before in the last thirty years have we seen so much of economic activity dependent on, not just the Fed, but I would generalize it to
central banks around the
world and the very accommodative policies.
If this is true, by the way, it
means that attempts at implementing liberalizing reforms are successful mainly during periods of great global liquidity, and this might have implications for China, especially if over the next few years global
central banks begin to withdraw the huge liquidity injections that have underpinned asset bubbles
around the
world.
This
means that Governments
around the
world will be competing with their own
Central Banks to sell debt, and the result could be much higher bond yields going forward.
When
central banks around the
world cut rates after the recession, it was
meant to be a temporary measure to help stimulate the global economy.