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Podcast: Critical thinking
Episode: Central Banks: Doing whatever it takes! But what's the cost?
Description: Opinions expressed are those of the speakers as of the date of publication, are subject to change without notice and do not necessarily reflect Mercer’s opinions.The fear of recession is dominating everyone's mind-set at the moment. The global economy has been slowing and is likely to continue to do so on the back of high commodity prices, rising interest rates and tightening financial conditions more or less everywhere with China being the notable exception. Central Banks are thought to have underestimated inflation expectations and are increasing rates quite aggressively. Where they are facing an eco...