You are here

Central bankers 'in a hole' over economic slowdown

Instead of real-world issues, they focus so much debate on things such as negative rates

What was said in Jackson Hole was largely a re-run of the debate that has been going on in Japan as to how the global economy can be restored to robust growth. Clearly, some of the lessons of Abenomics have not been learnt outside Japan.


THE world's leading central bankers found themselves "in a hole" at the end of last week - literally in that they were meeting in Jackson Hole, Wyoming and figuratively in that they could find no easy way to help the global economy out of the hole it has stumbled into. Perhaps it...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to