OECD blames stalled world growth on central bank 'distortions'
A further delay in US Federal Reserve rate increases will continue the market distortions caused by low and negative interest rates
Nevil Gibson
Mon, 26 Sep 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
A further delay in US Federal Reserve rate increases will continue the market distortions caused by low and negative interest rates, the OECD says in its latest Interim Economic Outlook .
It says the low rates are pumping up asset prices, including housing. The OECD has also issued a new
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Nevil Gibson
Mon, 26 Sep 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.