Author Page for Breen FS

BIS: Central banks warned of ‘false sense of security’

BIS: Central banks warned of ‘false sense of security’ The Bank for International Settlements (BIS) has warned that ultra-low interest rates have lulled governments and markets “into a false sense of security”. The Basel-based organisation – usually dubbed the “central banks’ central bank” – urged policy makers to begin to normalise rates. “The risk of […]