Unconventional monetary policy turned conventional, India to US
Updated Sep 13, 2020 11:56 am
- Global central bankers are discovering that monetary policies they once viewed as unconventional and temporary are now proving to be conventional and long-lasting.
- The global recovery still uncertain and the virus set to leave scars on employers and employees, the likelihood is that monetary policy will stay ultra-loose for years to come -- even if that means central banks artificially propping up markets or sparking a run-up in prices.
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