NEGATIVE INTEREST RATES "STIMULATE" THE CONTRACTION OF LENDING AND THEY CANCELING THE EFFECTS OF QUANTITATIVE EASINGWho still believes in the competence of central banks?
Călin Rechea (translated by Cosmin Ghidoveanu)English Section / 2 septembrie 2019
Lately, it seems that not a day goes by without the international press pointing out the inability of the central banks before the adverse dynamic of the real economies worldwide and the increased volatility on the international markets.