35 min
UP 285: The credibility brake on interest rate cuts Simply Economics
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- Investering
Many central banks still seem to attach more risks to easing too early than too late. And while that will reflect the perceived economic fallout from either action, the prospective impact on policy credibility should not be ignored.
Many central banks still seem to attach more risks to easing too early than too late. And while that will reflect the perceived economic fallout from either action, the prospective impact on policy credibility should not be ignored.
35 min