Goldman Warns Central Bankers Face Limits on Unorthodox Policies
- Monetary-policy makers risk easing pressure on others to act
- Goldman Sachs economists Pill and Durre warn in new paper
This article is for subscribers only.
The unconventional monetary policies of central banks often face limits because they could end up hurting as well as helping economies.
That’s the warning of Goldman Sachs Group Inc. economists Huw Pill and Alain Durre in a paper prepared for the first annual MMF U.K. Monetary and Financial Policy Conference to be held in London on Friday.