Bank for International Settlements warns global economy is ‘flashing red’

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Bank for International Settlements warns global economy is ‘flashing red’

BIS general manager Agustín Carstens told The Sydney Morning Herald and The Age that the current combination of high inflation and historically high debt levels is unprecedented. He said low interest rates and government spending have supported the global economy for too long. That had to change, arguing that major economic reforms needed to be […] The post Bank for International Settlements..

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