Many assume central banks are the main culprit for creating asset bubbles by running too loose monetary policy. However, central banks are not in control of longer-term interest rates and these have been on a downward trajectory for a couple of decades. We look at what’s behind this. The fact that central banks aren’t the […]
October 12th, 2014 · Comments Off on Are Central Banks Responsible For Asset Bubbles?
November 4th, 2009 · Comments Off on Asian Banks tighten to avoid bubbles
That’s very reassuring pro-active policy.