Global 'cheap money' prompts Russian call for caution
Add BT as a preferred source
Moscow
RUSSIA'S central bank governor isn't sure if the unprecedented monetary easing around the world is a killer or a cure for the global economy.
With the world awash in cash thanks to the stimulus programmes of central banks from Europe to Japan, investors have poured money into projects that are damaging productivity while doing nothing to ease market volatility, governor Elvira Nabiullina said in an interview with CNBC broadcast on Friday.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Not retirement, but a rewiring and fresh perspectives post-DBS, says Piyush Gupta
‘I feel so stupid’: How young Indonesians get stuck on the debt treadmill
Indonesia targets year-end start for US$30 billion clean power exports to Singapore
