Central banks facing effects of money glut

According to this article published Monday 30 October by Bloomberg News, central bankers may have new asset bubbles and inflation risks on their hands without further tightening.

"Interest rates in the main economies have still not been raised enough," according to Tim Congdon, visiting fellow at the London School of Economics. "There is a buoyancy in asset prices one gets with high-risk monetary growth."

"The European Central Bank, whose officials voice the most concern, is convening a

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