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Markets signal central banks' easy monetary policies are losing potency

Wednesday, February 10, 2016 - 05:50
BT_20160210_DNBANKA0Q7_2108151.jpg
Mr Kuroda (above) and Mr Draghi have both said that there are no limits to their easing programmes; Ms Yellen will be addressing lawmakers this week.
BT_20160210_DNBANKA0Q7_2108151.jpg
Mr Kuroda and Mr Draghi (above) have both said that there are no limits to their easing programmes; Ms Yellen will be addressing lawmakers this week.
BT_20160210_DNBANKA0Q7_2108151.jpg
Mr Kuroda and Mr Draghi have both said that there are no limits to their easing programmes; Ms Yellen (above) will be addressing lawmakers this week.

Tokyo

CENTRAL banks are running into diminishing returns from their use of easy monetary policies, seven years after first championing quantitative easing to save the world from depression.

The new reality is clear across global financial markets: The Standard & Poor's 500