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Central banks’ actions have gone too far and they’re running out of tools in their toolbox, according to Erik Weisman, chief economist at MFS Investment Management. When interest rates are pushed to zero or into negative territory, people are deciding to save more instead of spending money on which they’re not earning interest, he says. […]

  • By: Yaelle Gang
  • February 19, 2020 December 13, 2020
  • 08:53