Monetary Policy Is Doing ‘Serious Damage,’ Folkerts-Laundau Says

  • Negative rates are ‘a poison’ for the financial sector
  • Must question looser policies, next step must be fiscal

Folkerts-Landau: Monetary Policy Now Doing Serious Damage

Loose central bank policies may not have only run their course, but are now causing harm, according to Deutsche Bank’s chief economist.

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