Moody's warns that global policymakers lack the tools to deal with any unexpected negative economic shock, after years of ultra-low interest rates and high-profile liquidity injections.
The ratings agency feels that the “hoped-for growth in both developed and emerging markets has not materialized – and China, one of the main sources of global growth in the past few years, is showing worrying signs of further disappointing," CNBC explained. Read more
No comments:
Post a Comment