Are central banks the ‘Figaro’ of the financial markets?


Major central banks have bolstered their monetary policies since the start of the global financial crisis by adopting new strategies and ‘inventing’ new instruments to intervene in the markets. This has not proven to be a temporary measure. The shrinking of the velocity of money and reduced availability of fiscal policies has forced central banks to remain embedded in the market trenches to avoid a major collapse of the global economy. To my mind, central banks are now the new ‘factotum’, like F

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: