Monetary policy reverts to ‘normal’
On the money: Major central banks are returning to conventional monetary policies that typically apply under normal economic conditions.
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The end of an era looms for securities markets as major central banks jettison extraordinary monetary policies previously applied under emergency in the wake of the global financial crisis (GFC).
Exit is under way from extraordinary policies such as zero-bound interest rates, quantitative
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Monetary policy reverts to ‘normal’
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