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Out Of Ammo? The Eroding Power Of Central Banks

Thursday, April 17, 2014 - 12:11 PM
Since the financial crisis, central banks have slashed interest rates, purchased vast quantities of sovereign bonds and bailed out banks. Now, though, their influence appears to be on the wane with measures producing paltry results. Do they still have control?
http://www.spiegel.de/internation...ng-a-964..
6
ShorebreakShorebreak2,695 posts since
Apr 6, 2010
Rep Points: 14,611
1. Thursday, April 17, 2014 - 2:45 PM
..."negative interest rates"... So we will have to pay the banks to have a checking account :)
4
dpandslemmendpandslemmen29 posts since
Feb 10, 2011
Rep Points: 120
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