Jackson Hole 2016: five big problems facing central bankers

Discussion in 'Market News' started by Lily, Aug 25, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Janet Yellen, Mark Carney, Mario Draghi and others will debate how to piece the monetary system back together

    Central bank governors are gathering at the fishing resort of Jackson Hole in Wyoming to discuss how they can dig themselves out of the monetary hole caused by the 2008 financial crash.

    The central banks have cut interest rates to zero and beyond, they have pumped trillions of dollars into the global financial system and devised novel ways to make sure most of the money is used to cut the cost of credit to ordinary consumers and businesses.

    Related: What do central bankers really want? To read Janet Yellen's mind

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