Central bank policies fuel asset price rise, says BIS

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The latest quarterly review by the Bank for International Settlements' (BIS) suggests monetary easing policies deployed by central banks are helping to push equity prices up and bond yields down, despite a backdrop of weakening global growth.

In the review, published today (December 10), the BIS said growth forecasts had been cut for many countries in Europe, as well as for Brazil, China and India in the emerging world. Despite this, bond yields continued a downward trend and most equity prices

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