10 April 2019

Central banks are biased towards loose policy

This interview with Bill White was published in the Swiss paper, Finanz und Wirtschaft on 6 April, 2019. In it, Bill reflects on how the “debt trap” will impede monetary normalization, and how central banks got into this situation. He also discusses how other policies might be used to raise the possibility of getting out of this trap.

Central banks are biased towards loose policy https://www.fuw.ch/article/central-banks-are-biased-towards-loose-policy/