OECD Blasts Governments for Slipping Into ‘Low-Growth Trap’

Updated on
  • Distortions from ultra-loose monetary policy are growing
  • Global economy will fail to accelerate this year, OECD says

OECD’s Gurria Says He Sees 3% Growth Globally in 2016

The global economy is slipping into a self-fulfilling “low-growth trap” where ultra-loose monetary policy risks doing more harm than good, the Organisation for Economic Cooperation and Development warned.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.