The global economy remains awash with liquidity and may be returning to historical patterns of cross-border credit, according to the Bank for International Settlements (BIS).
The BIS published its latest statistics on global liquidity on February 7, emphasising the recent uptick in credit flows, particularly across borders, which turned positive in many jurisdictions in the third quarter of 2014.
Buoyant credit conditions coincided with subdued volatility. Having spiked to 62.6% during the finan
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