Authorities can’t rely on monetary policy to fight next crisis – Rohde

lars-rohde
Lars Rohde

Governments and central banks will not be able to rely on monetary policy when the next recession hits, but will have to ensure they can use other tools, Danish central bank governor Lars Rohde said today (March 1).

Negative rates and bond-buying programmes have successfully contributed to the economic recovery, Rohde told Central Banking’s National Asset-Liability Management Europe conference in London.

But rates remain low, Rohde noted, which is likely to prevent policy-makers from resorting

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: