Why Central Banks’ Rate Cuts Have Failed To Impress Amidst Covid-19
U.S. Federal Reserve chairman Jerome Powell, at a news conference in Washington, D.C., on March 3, 2020. (Photographer: Andrew Harrer/Bloomberg)

Why Central Banks’ Rate Cuts Have Failed To Impress Amidst Covid-19

BloombergQuintOpinion
On the ninetieth birthday of Milton Friedman, Nov. 8, 2002, Ben Bernanke, future chairman of the U.S. Federal Reserve, made a remarkable admission. Analysing the myriad causes and consequences that...
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