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Central banks, bond markets and fiscal credibility – why market stability had become political
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Central banks, bond markets and fiscal credibility – why market stability had become political
Senior central bankers warn that while emergency interventions can buy time during market liquidity crises, long-term financial stability ultimately depends on governments taking decisive political action, says Helen Thomas Two of the world’s most senior central bankers have issued a warning that politicians would do well to heed: governments may believe they have years to [...]
13 Oct, 04:59
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